Here is my analysis of the CHF for the coming week based on the daily chart.
The first thing to notice is that price has been range bound for 2 weeks. It appears we are at a critical stage. If price breaks north then we should go to the green area and if it breaks south then we should head to the pink area. Just looking at the wave pattern it appears that we would go down to the pink area (50% retrace) before we bounce off that price level and head toward the green area 1.14830 - 1.1585.
The first thing to notice is that price has been range bound for 2 weeks. It appears we are at a critical stage. If price breaks north then we should go to the green area and if it breaks south then we should head to the pink area. Just looking at the wave pattern it appears that we would go down to the pink area (50% retrace) before we bounce off that price level and head toward the green area 1.14830 - 1.1585.