Technical outlook and chart setups:
1. The USD/CHF pair had tested 0.8900 levels yesterday before pulling back again. As seen here, the pair is bouncing off the 0.382 fibonacci support and it is probable that a rally may materialize towards 0.9150. Recommendations are to remain long, risk remains below 0.8900.
2. Support is seen at 0.8900, followed by 0.8830, 0.8700 and lower while resistance is seen at 0.9025, followed by 0.9150 and higher respectively.
3. The structure indicates that USD/CHF should remain in control of bulls till prices remain above 0.8900 levels.
Trading recommendations:
Remain long, stop below 0.8900, target is open.
Good luck!