USDCHF is facing 0.9333 resistance, a break above this level will signal resumption of the uptrend from 0.8931, then further rise to test 0.9594 previous high resistance could be seen. Support is at 0.9230, only break below this level could indicate that lengthier range trading between 0.8931 and 0.9333 is underway.
For long term analysis, USDCHF may be forming a cycle bottom at 0.8931 on weekly chart. Further rise towards 1.0000 would likely be seen over next several months.
