The USDCHF count is the same as the EURUSD count (but as the inverse). There are 2 competing counts, one that calls for formation of a low prior to 1.0367 and one that gives scope to a drop below 1.0367 before a bottom and reversal. In the case of the latter, the current decline would be wave 3 of C and would extend from near current price. Only a rally through 1.0957 would suggest that a low is in place.