USD/CHF Elliott Wave Forecast: US Dollar Rally Continues

The USD/CHF Elliott Wave forecast focuses on a continuing dollar rally, with analysts expecting the move to progress through an Elliott wave sequence. The report describes the daily chart as showing the middle of a third-wave advance from the 2026 low, with the rally that began after the January 27 low treated as an impulse or zigzag. It targets wave (iii) near 0.8212, after which consolidation is expected for wave iv. The analysis says USD/CHF could rally to the upper portion of a parallel price channel around 0.8212, while holding above 0.7907, before another rise in wave v. The bias remains bullish while prices stay above the 200-day simple moving average, using bearish RSI divergence as a medium-term topping warning.