Published May 1st, 2008 - 06:58 GMT Al Bawaba The USDCHF is testing 1.0473; which is where the rally from .9871 would equal the .9647-1.0249 rally. The EURUSD bearish break in what is probably a 3rd wave favors the larger 4th wave scenario for the USDCHF (up to 1.10/1.12). LatestPopular After journalist Amal Khalil's death, activists call to cancel Israel-Lebanon meeting Fan gifts Anne Hathaway a Quran following 'Inshallah' viral moment Two trains collide in Denmark, injuring several people IAEA chief warns of rising global nuclear arms race Saudi-led rail project to link Turkey to the Gulf revives historic Hejaz route Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news