EUR / CHF has been able to expand a five-part structure to the north since the last low. This could be the start of a wave 5. It is important that we do not build any new intermediate lows and that we stay within the trend channel. As long as this is the case, there is currently no reason to be bearish. In wave 5, I assume prices in the area of the CHF 1.13 mark, before another major correction takes place.
