DailyFX.com reported that USD/CHF broke an 8+ month trendline on March 31st. This break negated any upside potential for now, but the trendline that extends from the May, June, and August 2015 highs could offer interim support. The next major support level may not come until near .9400, which is a longer-term trendline. The decline in the USD/CHF pair since November has been contracting, indicating the potential for a wedge formation. The underside of the recently broken trendline and recent lows are now acting as resistance at .9661.
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