USDCHF Daily Analysis – September 23, 2014

USDCHF remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. Near term support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.9600 area. Key support is at 0.9300, only break below this level could signal completion of the uptrend.

usdchf chart