May 17

USD/CHF:

The Dollar has probably completed its correction on Yesterday’s .9580 low and with support now found at .9640/.9610, I am Buying USD/CHF (with a Stop under .9580, until .9745 is cleared), for the resumption of Uptrend above .9710/.9745 Resistance – toward the .9830 and .9900 levels; enroute to 1.0100.

Elliot Wave count is shown in the daily and weekly charts below.

This sample forecast, together with EUR, JPY, GBP, AUD and NZD, will be updated in my FX forecasting service, emailed daily to subscribers. For a 3 week trial of the daily updates email TRL@clear.net.nz

Disclaimer: Max McKegg & Technical Research Ltd accept no liability  whatsoever for any loss or

damage that may result, directly or indirectly, from any forecast, comment or opinion, information or omission, whether negligent or otherwise, within this report.