USDCHF Daily Analysis – June 3, 2014

USDCHF’s upward movement from 0.8702 extended to as high as 0.8994. Further rise is still possible, and next target would be at 0.9050 area. Support is at 0.8932, only break below this level will indicate that the uptrend from 0.8702 had completed, then the following downward movement could bring price to 0.8500 zone.

usdchf chart