USDCHF Weekly Analysis – September 13, 2014

USDCHF remains in uptrend from 0.8855, the fall from 0.9395 is likely consolidation of the uptrend. Near term support is at 0.9280, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9700 area. Key support is located at the upward trend line on daily chart, only a clear break below the trend line support could signal completion of the uptrend.

usdchf chart