We have altered the count somewhat for the USDCHF.
There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs. The only question is whether or not the rally from .9647 is a complete 3 wave rally or just the first wave of a larger more complex correction. Regardless, a bearish bias is warranted against 1.0527. Near term resistance is at 1.0385.
STRATEGY: Bearish, against 1.0527, target TBD