As can be seen from the daily USD/CHF below, the price earlier reversed down from the resistance area lying between the multi-month resistance level 1.0100 (which has been reversing the price from November) and the upper daily Bollinger Band. The proximity of this resistance area increases the probability USD/CHF will continue fall inside this Up Channel.
In the absence of significant macroeconomic data releases today, the bearish pressure on the USD remained intact on Monday and allowed the pair to push lower with the US Dollar Index slumping to its lowest level in two weeks at 96.38. Ahead of the NAHB Housing Market Index, which is unlikely to trigger a meaningful market reaction, the DXY is losing 0.06% on the day at 96.45.
The USD/CHF pair, which lost more than 50 pips last week, extended its slide on Monday and tested the critical parity mark for the first time since early March. At the moment, the pair is down 0.1% on a daily basis at 1.0007.

USDCHF TODAY:
Daily open: 1.00190
Daily Last high: 1.00253
Daily Last Low: 0.99972
Daily current growth: -0.05%