USDCHF Daily Analysis – July 31, 2014

USDCHF continued its upward movement from 0.8897, and the rise extended to as high as 0.9105. Support is now at 0.9050, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9150 area. Only break below 0.9050 support could signal completion of the uptrend.

usdchf chart