The USD/CHF continues to fall towards the all-time low just below the .9300 level. The series of lower highs and lower lows off of the June highs defines the downtrend which means to look for selling opportunities. I would continue to look for sells as long as the pair remains below the .97834 high noted on the chart.
![](/files/images/20110131/243017feb428b5f56395.png)