USDCHF Daily Analysis – May 21, 2014

USDCHF’s upward movement from 0.8702 had completed at 0.8959 already, and the pair is now in downtrend. Another fall could be expected, and next target would be at 0.8830 area. Resistance is at 0.8959, only break above this level could trigger another rise to 0.9000 zone.

usdchf chart