USDCHF Daily Analysis – September 19, 2014

USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to resume, and another rise to 0.9600 area is still possible. Key support is at 0.9300, only break below this level could signal completion of the uptrend.

usdchf chart