this was a great call made when the currency area was fuse blown. one of my best because, at the time of the call, there was much confusion and I was able to think clearly through the price action ... and ... had the guts to post my thought.

the pattern I saw will end at the end of next week and, while it does not have to, the CHF (not fxf) can drop to further reaction lows in the next few market days and actually close on or near the monthly low. it would be perfect if it returned to around the 1.02 area + or -.......

but, that would be about all.

should this come to pass, it should then move higher for many months and easily take out the January high and much more.