Currently the USD/CHF is trading just below 1.16 a rally of 15 % in less than half a year.
This is an updated count:
Wave (iv) may have finished and wave (v) is underway now. The first target is 1.17 and if that's breached the next more likely target imo is 1.20. This should complete wave [iii].
For the whole impulse that started end of last year my target is still 1.25-1.30 if it's a [C] wave what I think it is. Should it be a third wave though the target would be higher above 1.40.
Pre-Market update: The ES is currently down about 10 handles and has lost almost all of late Friday's ramp up. If the ES declines below 1068 wave 5 should be underway with a target of 1020-30.
