USDCHF Daily Analysis – June 25, 2014

USDCHF is facing 0.8907 support again, a breakdown below this level will confirm that the uptrend from 0.8703 (May 8 low) had completed at 0.9036 already, then deeper decline to 0.8800 area could be seen. Near tern resistance is at 0.8975, only break above this level could trigger another rise to test 0.9036 resistance.

usdchf chart