Looking at comparative strength against USD this CHF/JPY chart is in accordance with the Swiss Franc's dominance over the Yen as it is in a bullish channel.
USDCHF capped by UTL resistance of bearish channel app. 9500 and supported above 9300 neckline of descending H&S creating a falling wedge in a downtrend.
If your bias lies on the side of recovery for this pair , then there is potential for R:R of 1:2 right now by using the two extremes of pip range since December '10