Tuesday, June 28, 2011

USD_CHF

Here are my thoughts on the Swiss Franc.  I bought it today at .8281.  One of my posts several weeks ago said that my target was somewhere between .83 and .80 and that fibo time was showing a major reversal at the middle of July and that was not totally reliable, so I thought it may reverse around the end of June, and I think it has.  I am posting up a five minute chart of the USD_CHF that is almost looking impulsive up.   I will keep watching it and will decide where it is going based on wave patterns.

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