A fall is possible.
On the daily chart, the upward correction ended as the second wave of the higher level 2, and the downward third wave 3 develops, within which the wave (1) of 3 forms. Now, the first wave of the lower level 1 of (1) has formed, a local correction has ended as the second wave 2 of (1), and the third wave 3 of (1) is developing. If the assumption is correct, the USD/CHF pair will fall to the area of 0.8700–0.8400. In this scenario, critical stop loss level is 0.9441.