USDCHF is testing 1.1277 resistance, a break above this level will suggest that the short term uptrend from 1.0366 has resumed, and then further rally towards 1.1600 zone could be seen to follow. However, as long as 1.1277 resistance holds, the rise from 1.0864 is treated as correction of downtrend (from 1.1277), and pullback would more likely be seen before breaking above 1.1277 level.
