USDCHF setting up for new move down?

FX:USDCHF   U.S. Dollar / Swiss Franc
77 1 1
Is the USDCHF             setting up for new move down? Let me know if you agree.
(p.s. Looks like my long-term channel line from Dec.didn't show up. It's angled similarly to the blue channel, and cuts the tops off those peaks.)
Yes, I believe it is. But if it doesn't go to new lows from the current levels, we'll probably see a deeper retracement, up to 0.88. That's where I'll be looking to enter short.
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