First of all, there is a nice pin bar on our H4 chart and RSI is overbought. We are at resistance area of 0.9800
Secondly, if we have a look at W chart, the week before drow huge Bearish Engulfing Bar that did not result any momentum continuation yet. The retracement of this week can be a good entry point for taking on board Weekly BEEB with reasonable risk.
Currently I am following two trading plans for USDCHF: