USDCHF Weekly Analysis – September 7, 2014

USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. Near term support is at 0.9240, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9500 area. Key support is located at the trend line, only a clear break below the trend line support could signal completion of the uptrend.

usdchf chart