USDCHF might look to take some retrace by end of US session

USDCHF is moving nicely in an upward trend but we might see USDCHF taking a dip by the end of US session for monthly closings. Traders looking to buy USDCHF might hold back a bit and let USDCHF take a dip today before buying USDCHF for next week.

The dip might go towards 1.0430 and might even extend below 1.0400 level. Overall scenario is still very good for buying but holding back is suggested, one because of month closing and secondly the RSI value of USDHF is a bit on higher side and might look to ease a bit by taking a dip today.