The USD/CHF chart analysis is shown below. This pair is in a down trend on the larger time frames, like the W1 time frame. It has cycled up on the H4 time frame and we now expect it to cycle back down and get back into the longer term down trend. It should drop back down to the 0.8730 support area, shown by the yellow line, and eventually continue much lower. Look for a sell signal on this pair in the main trading session using The Forex Heatmap®. The chart system you see below is the meta trader platform with 5/12 exponential moving averages.
USD/CHF Chart Analysis 5-14-2014