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Swiss Franc Technical Outlook
Monday, 01 June 2009 14:17:26 GMT  |  Jamie Saettele, Senior Currency Strategist
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The USDCHF count is the same as the EURUSD count (but as the inverse). There are 2 competing counts, one that calls for formation of a low prior to 1.0367 and one that gives scope to a drop below 1.0367 before a bottom and reversal. In the case of the latter, the current decline would be wave 3 of C and would extend from near current price. With this in mind, the next few days should provide clarification.

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