Swiss Franc Technical Outlook

The USDCHF decline from 1.1422 is in 3 waves and possibly the first wave of a triangle of flat.

In either case, the ensuing advance should retrace a good portion of the decline. The 61.8% of the decline is at 1.1135. This is also where the advance from 1.0799 would be equal to the 1.0686-1.0940 advance.