The USDCHF is range bound while below the 200dma.

We have been watching the .9600-.9800 range in Forex Analytix for the last couple weeks and the overnight rejection of the 200dma and .9800 level confirms to us while we are below this level the risk is clearly back towards the .9600 level near term. RSI is coiled up as well confirming at this time that the range may persist for awhile.