USD/CHF D1 chart is in an uptrend. The disk is currently forming an uptrend line and as soon as the price hits the trend line it bounces higher. The Fibonacci backtest also bounced higher after the primary 0.618. The ADX indicator +DI broke through -DI, and the trend changed from idling to more.
The price RSI on the H1 chart can see that the current price has entered the overbought area, and we can wait for a pullback to see more bulls. The current position to target for the pullback is 0.96622.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.
