The USDCHF pattern is the same as the EURUSD pattern (but as the inverse). Wave C within the A-B-C corrective decline from 1.2303 may be truncated and therefore complete. Trading above 1.0939 would confirm the reversal. Near term, the rally from 1.0561 confirms a reversal (5 waves). Similar to the EURUSD, the corrective move reversed at the 61.8% of the impulse.
