USDCHF Weekly Analysis – October 4, 2014

USDCHF’s upward movement from 0.8855 extended to as high as 0.9683. Further rise could be expected, and next target would be at 0.9900 area. Support is at 0.9500, only break below this level will indicate that consolidation of the uptrend from 0.8703 is underway, then the pair will find support around 0.9400.

usdchf chart