USDCHF is in medium term uptrend. Further rise is still possible to 1.2000 zone in a couple of weeks. Key support is located at 1.1313, only fall below this level will indicate that the medium term uptrend has completed, and the following downward movement will take price back to 1.0800 level.
For long term analysis, USDCHF has formed a cycle bottom 1.0366 level on weekly chart. Consolidation in a range between 1.0366 and 1.2296 is expected in a couple of months.
