USD/CHF Analysis (August 31)

The pair is now consolidating its rally started last week. Any setback should be well supported by the 0,80 former resistance.
We now need to see a break above 0,8250 to allow a test of next resistance at 0,8350 corresponding to the daily 100 moving average and a descending trendline.
A break below 0,8120 would accelerate decline towards 0,80.