USDCHF Daily Analysis – April 14, 2014

USDCHF’s downward movement from 0.8952 extended to as low as 0.8743. Further decline would likely be seen after a minor consolidation, and next target would be at 0.8700 area. Resistance is at 0.8805, as long as this level holds, the downtrend will continue.

usdchf chart