USDCHF Daily Analysis – April 24, 2014

After touching the upward trend line on 4-hour chart, USDCHF rebounded from 0.8807, indicating that the pair remains in uptrend from 0.8743. Further rise would likely be seen, and the target would be at 0.8900 area. Key support is now at 0.8807, only break below this level could signal completion of the uptrend.

usdchf chart