Contained by the resistance of the upper line of the price channel on 4-hour chart, the USD/CHF is pulling back from 0.9271, suggesting that the pair remains in downtrend from 0.9838. The rise from 0.9130 could be treated as consolidation of the downtrend. Further decline to test 0.9130 previous low support could be expected. A breakdown below this level will signal resumption of the downtrend, and then the next target could be at the 0.9000 area. Key resistance is at 0.9271. Only a break above this level could indicate that the downtrend from 0.9838 had already completed at 0.9130, then the following upward movement could bring price back to the 0.9400 zone.