USD/CHF hit a new low in this week, but is now again reversing into what could be the start of some larger, important turning point. Notice that we are tracking a corrective decline from 0.9750 which is actually part of a much bigger contra-trend move on a daily chart where we are tracking a triangle within a larger uptrend.

As such, we are ready on a bullish move on USD/CHF, but would have to see further strength from here and through the upper falling channel line, as well as the 0.9394 level to make sure that lows are in. The reading on the RSI is also interesting, where prices reversed from its own trend-line and suggests higher reading as we move forward.