USDCHF Daily Analysis – January 7, 2015

No changed in our view, USDCHF remains in uptrend from 0.9553, the fall from 1.0187 is treated as consolidation of the uptrend. As long as 0.9950 support 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