Against the positive dynamics of the American dollar, the USD/CHF pair is trading at 0.9129, without any support from Swiss neutral macroeconomic statistics.

During the Asian session, the USD/CHF pair is growing slightly, consolidating near 0.9150 and the highs of October 6, supported by expectations of postponing the US Fed interest rate cut from June to a later date. 

The USD/CHF pair reached 0.9138 amid the growth of the American dollar after macroeconomic statistics release.

A fall is possible.

On the daily chart, the downward third wave of the higher level 3 develops, within which the wave (1) of 3 formed, an upward correction ended as the wave (2) of 3, and the wave (3) of 3 forms. Now, the first wave of the lower level 1 of (3) has ended, a local correction has formed as the second wave 2 of (3), and the third wave 3 of (3) has started. If the assumption is correct, the USD/CHF pair will fall to the area of 0.8537–0.8323. In this scenario, critical stop loss level is 0.9100.