USDCHF Analysis – January 14, 2012

USDCHF remains in uptrend from 0.8569, and the rise extended to as high as 0.9594. Further rise could be seen next week, and next target would be at 0.9750 area. Key support is at 0.9244, only break below this level could signal completion of the uptrend.

For long term analysis, USDCHF remains in uptrend from 0.7067. Further rise towards 1.0000 could be seen over next several months.

usdchf daily chart