The price continues to move upward, but on the USDCHF chart you can see signs of an impending completion of the current upward momentum.
At a higher time interval, the formation of an incomplete downward impulse is observed. Currently, within this structure, a corrective wave [iv] has been formed. It should be followed with a downward impulse wave [v].
According to a lower-degree wave structure, USDCHF is now moving within the ABC zigzag. In this case, the price is likely completing the formation of the wave (c).
As a result, the formation of a downward movement continues on the chart. However, a wave structure is almost formed and the price may change the direction of movement.
In this situation, it should be emphasized that short positions remain preferable.
Альтернативный сценарий
USDCHF H1: Wave Analysis for the Asian Session on 31.12.2025
