USDCHF Daily Analysis – July 28, 2014

USDCHF continued its upward movement from 0.8897 and the rise extended to as high as 0.9051. Support is at 0.9000, as long as this level holds, further rise could be expected, and next target would be at 0.9100 area. Only break below 0.9000 support could signal completion of the uptrend.

usdchf chart