USDCHF Daily Analysis – August 11, 2014

USDCHF broke below 0.9040 support, indicating that the uptrend from 0.8855 had completed at 0.9114 already. Range trading between 0.9000 and 0.9114 would likely be seen over the next several days. Resistance is at 0.9114, only break above this level could trigger another rise towards 0.9400.

usdchf chart