The USD/CHF has formed a hidden bullish divergence at support. Hidden bullish divergence happens when price makes a higher low while the oscillator makes a lower low.
Compared to the previous low we might see a bounce from 0.9990-1.000 zone. Targets are 1.0024 and 1.0050 with a possible continuation move on the 4h close above 1.0050. Have in mind that price needs to stay above 0.9981 D H5 for divergence to remain stable.
A move above 1.0050 would signal additional bullish momentum strength and a possibility for a retest of 1.0081, previous swing high.
Cheers and trade safe,