USD/CHF is in a strong uptrend from 0.9550 where the pair found support following Trump's victory. We see sharp waves without overlaps, so it must be an impulse that belongs to a bigger bullish trend.

However, nothing moves in straight lines so the current slow price action above 1.0000 support is a corrective wave which can unfold as a probable double zig-zag correction with support seen around the previous swing high of wave D at 0.9998 level.

USD/CHF, 4h