Yesterday, the USD/CHF traded lower and closed the day in the red zone around the price of 0.9150. Today the pair also fell slightly, dropping to 0.9135. However, on the hourly chart, USD/CHF is still trading above the moving average line MA (200) H1 (0.9075). 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 MA 200 H1, may be you need to look for entry points to buy at the end of the correction.
Probably, the main scenario is continued growth to 0.9195 (the high of the American session on Sep 28).
The alternative scenario is a final consolidation below the MA 200 H1 level, followed by a fall to 0.8930 (Sep 20 low).
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