USD/CHF: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25

Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8580 with a target of 0.8000 – 0.7800. A sell signal: the level of 0.8580 is broken to the downside. Stop Loss: above 0.8640, Take Profit: 0.8000 – 0.7800. Alternative scenario: Breakout and consolidation above the level of 0.8580 will allow the pair to continue rising to the levels of 0.8857 – 0.9195. A buy signal: the level of 0.8580 is broken to the upside. Stop Loss: below 0.8520,