On Friday, the USD/CHF traded higher and closed the day in the positive territory around the price of 0.9070. Today the pair also rose slightly, rising to 0.9080. On the hourly chart, USD/CHF is still trading above the moving average line MA (200) H1 (0.8975). The situation is similar on the four-hour chart. Based on the above, it is probably worth sticking to the north direction in trading and while the pair remains above the MA 200 H1, may be you need to look for entry points to buy when a correction is formed.
Probably, the main scenario is continued growth to 0.9080 (session high).
The alternative scenario is a final consolidation below the MA 200 H1 level, followed by a fall to 0.8895 (Sep 8 low).
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