USDCHF Daily Analysis – May 15, 2014

USDCHF remains in uptrend from 0.8702. Further rise is still possible after a minor consolidation, and next target would be at 0.8950 area. Support is at 0.8860, only break below this level will indicate that the uptrend had completed, then the pair will find support around 0.8785.

usdchf chart