USDCHF broke below 1.0890 previous low and reached as low as 1.0836. Further fall towards 1.0600 is still possible next week. Near term resistance is at 1.1086 and followed by 1.1189, as long as 1.1189 resistance holds, down trend will continue.
For long term analysis, USDCHF is in long term down trend, further fall towards 0.9000 to reach the next cycle bottom on weekly chart is expected.
