USD/CHF: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8132 with a target of 0.7755–0.7593. A sell signal: the local correction ends and the price holds below 0.8132. Stop Loss: above 0.8170, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above the level of 0.8132 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8132 is broken to the upside. Stop Loss: below 0