USDCHF Daily Analysis – May 28, 2014

USDCHF remains in uptrend from 0.8702 and the rise extended to as high as 0.8981. Near term support is now at 0.8935, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9000 area. Key support is at 0.8882, only break below this level could signal completion of the uptrend.

usdchf chart