The surge to 1.1000 in the USDCHF may have completed a 4th wave correction (like the EURUSD). As such, a drop below 1.0589 and then 1.0367 in wave 5 would complete an A-B-C correction that began in 2008. Near term, a pop above 1.0911 could complete a small correction of the decline from 1.1020.