USDCHF Daily Analysis – May 13, 2014

USDCHF remains in uptrend from 0.8702. Further rise could be expected, and next target would be at 0.8950 area. Support is at 0.8835, only break below this level will indicate that consolidation of the uptrend is underway, then pullback to 0.8785 area could be seen.

usdchf chart