Stay above 0.9630
While the EURUSD and the GBPUSD soared the USDCHF came down in sympathy (USD lower CHF up) but it was not as pronounced. You can see that in the EURCHF which is back near highs (although it certainly has had an up and down order).

Focusing on the USDCHF chart - more specifically the hourly chart - the price has been really choppy at the highs. Last week, the pair soared on Thursday and into Friday. That move took the price above the 0.9687-99 area (yellow area). That area was home to a number of swing highs going back to early July. On Friday and today the price has waffled above and below that area. The market was/is unsure of what it wants to do.
What is somewhat encouraging for the buyers/bulls, is that the low today (on the dollar selling) has stalled at the 200 bar MA on the 4-hour chart AND the 38.2% of the move up from last Thursday's lows((red horizontal line). That comes in at the 0.9630-35 area. Stay above and the bulls remain in control. Move below and the buyers might lose some of their short term love (so far) for this pair.
On the topside, the pair still needs to get and stay above the 0.9700 level (and stay above) to prove the buyers are really in love.
