Swiss Franc Technical Outlook

Our short term count was thrown off track with recent weakness. We would like to show the bigger picture for perspective.

One count treats the drop from 1.1105 as wave 5 within a 5 wave drop from 1.3295. Under this count, a major low is in place at .9647 and the USDCHF will work higher over the coming weeks and months towards Fibo resistance; which does not begin until 1.0840.