USDCHF Daily Analysis – October 14, 2014

USDCHF is facing 0.9468 support, a breakdown below this level will signal resumption of the downtrend from 0.9687, then next target would be at 0.9400 area. On the other side, as long as 0.9468 support holds, the sideways movement in the range between 0.9468 and 0.9687 could be expected to continue.

usdchf chart