{"id":43589,"date":"2013-10-30T07:35:50","date_gmt":"2013-10-30T11:35:50","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=43589"},"modified":"2013-10-30T07:35:50","modified_gmt":"2013-10-30T11:35:50","slug":"usdchf-elliott-wave-corrective-rally-stop-0-9000-0-9045","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/10\/30\/usdchf-elliott-wave-corrective-rally-stop-0-9000-0-9045\/","title":{"rendered":"USDCHF Elliott Wave: Corrective Rally Could Stop At 0.9000-0.9045"},"content":{"rendered":"<p>USDCHF unexpectedly turned higher in this week back to 0.9000 level but still in the context of a larger bearish trend if we consider the latest structure. We see a five wave fall from above 0.9170 to 0.8888 so current upward reaction could be just a temporary bear market rally. Notice that current recovery is also approaching former wave 4 as well as to 38.2% and 50% retracement area that could react as a strong resistance zone. With that said, new sell-off on this pair may follow soon. Only rise and close above 0.9100 would put bullish price in action. Until then we are bearish.<\/p>\n<p>USDCHF 4h<\/p>\n<p><img decoding=\"async\" alt=\"USDCHF Elliott Wave\" src=\"https:\/\/m.ak.fbcdn.net\/sphotos-a.ak\/hphotos-ak-ash3\/1381666_10150371666959969_832611164_n.png\" \/><\/p>\n<p>Written by <a href=\"http:\/\/www.ew-forecast.com\">www.ew-forecast.com<\/a><\/p>\n<p><b>Free Webinar On Elliott Wave<\/b><b><\/b><\/p>\n<p><b>Elliott Wave Principle and Live Analysis WEBINAR<\/b>, <a href=\"http:\/\/goo.gl\/kw2wUh\">Reserve Your Seat Now For Free &gt;&gt;&gt; Here<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCHF unexpectedly turned higher in this week back to 0.9000 level but still in the context of a larger bearish trend if we consider the latest structure. We see a five wave fall from above 0.9170 to 0.8888 so current upward reaction could be just a temporary bear market rally. Notice that current recovery is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/10\/30\/usdchf-elliott-wave-corrective-rally-stop-0-9000-0-9045\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USDCHF Elliott Wave: Corrective Rally Could Stop At 0.9000-0.9045&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-43589","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=43589"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/43589\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=43589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=43589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=43589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}