On Friday, the USD/CHF traded in different directions in the range of 0.9090-0.9160 and closed the day without significant changes. Today the pair was trading in a narrow range of 0.9150-60, remaining close to Friday's closing price. On the hourly chart, USD/CHF is still trading above the moving average line MA (200) H1 (0.9095). 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 0.9195 (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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