USDCHF corrects in channel. 50% and 200 hour MA approached

Back above the 0.9900 level
The USDCHF has corrected higher in an upward channel since bottoming on Friday. The lows today tested and re-tested the lower trend line. That lower trend line comes in at 0.9895 (and moving higher).  A move below the trend line would weaken the corrective.