USDCHF Daily Analysis – January 6, 2015

USDCHF remains in uptrend from 0.9553, the fall from 1.0187 is likely consolidation of the uptrend. Support is at 0.9950, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.0300 area. Only break below 0.9950 support could signal completion of the uptrend.

usdchf chart