Another reason to favor a turn in the USD is the USDCHF pattern.
The advance from 96.47 has reached 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% of the decline from 1.2569. If the USDCHF is going to roll over, this is the area that it should do so.
