Swiss Franc Technical Outlook

We wrote yesterday that “price would come under 1.0134 in a 5th wave to complete the decline from 1.1105. A larger upward correction would then take place.” The drop today to 1.0046 satisfies minimum expectations for wave 5.

Very short term (5 min chart), 5 wave up from 1.0046 are visible. Look for long opportunities against 1.0046