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The situation in the USD/CHF pair at the moment is such that the bulls are so strong that they are not allowing the bears to even start a more or less normal correction, as we can see from the latest 4-hour candles. The pair has been overbought for a while, as indicated by the Stochastic oscillator, which is above the upper boundary of its indicator's working zone. However, this does not prevent the quotes from continuing to rise, and I believe that in the near future, the bulls may test the penultimate level in the current trading range of Murray +1/8 (0.8087). I assume that this will be quite beneficial for the bulls, as the subsequent correction could lead to a bounce from the 8/8 resistance (0.8067), which would then turn into support for further growth. Therefore, I anticipate that the USD/CHF pair may continue to move roughly as indicated in my screenshot, reaching the Murray +2/8 level (0.8118) with the aim of updating the pair's high from November 5th of this year, potentially transitioning the entire Murray trading range to the upper side.