Yesterday the USD/CHF was trading higher and closed the day in positive territory around the Chf0.9265. Today it was trading in a narrow range of Chf0.9255-75, remaining close to a 9-week high. On the hourly chart, USD/CHF is still trading above the MA line (200) H1 (Chf0.9140). The situation is similar on the four-hour chart. Based on the above, it is probably worth sticking to the northern direction in trading, and while the USD/CHF remains above MA 200 H1, it may be necessary to look for buy entry points to form a correction.
Resistances levels are at: Chf0.9275, Chf0.9315, Chf0.9350
Support levels are at: Chf0.9215, Chf0.9190, Chf0.9125-35
Probably, the main scenario - is a further advance towards Chf0.9275 (Sep 24 high). Alternative scenario - may be consolidation below MA 200 H1, followed by a decline towards Chf0.9075 (Sep 18 low).
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