USDCHF Daily Analysis – June 27, 2014

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

usdchf chart