USD/CHF closed higher on Tuesday as it consolidated some of Monday's decline. It remains locked in a trading range, which began in July. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are turning bearish signalling that sideways to lower prices are possible near-term. Closes above resistance or below support crossing are needed to confirm a breakout of the aforementioned trading range and point the direction of the next trending move.