Swiss Franc Technical Outlook

The USDCHF advance from 96.47 has reached (and exceeded) the 50% retracement of the decline from 1.2569.

The 4th wave of one less degree stretches to 1.1594, which is just above the 61.8% at 1.1453. If the USDCHF is going to roll over, this is the area that it should do so.