as we can see in the chart we are in a price which is interesting for banks to put buy orders on
also the wedge pattern confirms the idea above but there are two possibilities
1) Price rise up as blue arrow shows
2) Price retrace to the support area to fulfill more buy orders from banks to get strength to rise up
CHF could depreciate against the US Dollar within the following trading hours. But it is unlikely, that the price for USDCHF could rise more than 0.98200 mark due to the Risk Sentiment Hit As China Hikes Tariffs On US Goods, which makes safe heaven currency to gain strength.
