In the NY session, the price did see a corrective move lower. However, the low in the session stalled ahead of the rising 100 bar MA and near the 38.2% retracement of the trend move up today (near 0.9220 level). The low reached 0.92199.
The price just traded to a new session high at 0.92334, but backed off. However the price for the USDCHF still remains above the rising 100 bar moving average (blue line) at 0.92248 and above the 200 bar moving average at 0.92137. In between sits the 38.2%-50% of the trend move higher today between 0.9215 and 0.92194(see yellow area in the charrt above).
I would expect traders to watch those levels on the downside to see if support continues to hold. If so, the trend is firmly in the hands of the buyers still. The sellers are not winning
If broken, there should be some downside corrective probing and the trend higher may be losing some of its upside momentum.