Swiss Franc Technical Outlook

There is no change to the USDCHF pattern as the pair is tracking our preferred count.

“We view the rally from .9674 as an A-B-C advance (corrective) but this does not mean that the larger downtrend is back underway (similar to the EURUSD). The advance may well be the first leg in a larger, more complex upward correction but a sizeable decline is expected regardless (probably into parity).” Short term resistance is at 1.0322.
STRATEGY: Bearish, against 1.0572, target TBD