The USDCHF has not moved much since yesterday but the pair is nearing where the rally from .9871 would equal the .9647-1.0249 rally; at 1.0473. Look for resistance near there.
Keep in mind that one longer term count suggests a rally back to the 1.10/1.12 level. There is also a count that gives scope to a new low though. At this point, reward/risk on either side of the market does not warrant a position.
