USDCHF Daily Analysis – March 28, 2014

USDCHF remains in uptrend from 0.8699, the price action in the range between 0.8787 and 0.8878 is likely consolidation of the uptrend. Key support is at 0.8787, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8950 area. Only break below 0.8787 support could signal completion of the uptrend.

usdchf chart