The USDCHF pattern is tracking our count nicely.
We wrote Friday that “we favor the upside but not before a drop into the 1.0325/50 area. The decline to this level would complete a 4th wave within the advance from .9887 and give way to a rally through 1.06 and maybe into 1.10.” The drop reached 1.0389 and wave 5 of C is likely in its early stages now.