USDCHF Chart Technical Outlook a break of 0.8577 breaks the wave count
Although we witnessed a move to the upside close to our bespoke support of 0.8618, we have lacked upside momentum.
The single currency baskets have also lost their bias. This has resulted in intraday volatility.
The positive wave count stands for now with a move through 0.8577 negating the bullish view.
I would expect continued and mixed volatility until Wednesday’s fed interest rate decision.
