USDCHF failed to break above 0.9838 resistance and pulled back from 0.9751. Further decline to test 0.9130 support would likely be seen, a breakdown below this level will indicate that the long term downtrend from 0.9971 (Jul 24, 2012 high) has resumed, then next target would be at 0.8500 zone. Resistance is now at 0.9751, only break above this level could trigger another rise towards 1.0000.
