USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687. As long as the trend line resistance holds, the rise from 0.9370 could be treated as consolidation of the downtrend. Further decline could be expected, and next target would be at 0.9300 area. On the upside, a clear break above the trend line resistance will signal completion of the downtrend, then the following upward movement could bring price to 1.0000 zone.
