USDCHF’s upward movement from 0.9370 extended to as high as 0.9739, the subsequent fall is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds, the uptrend could be expected to resume, and another rise to 0.9900 area is still possible. Only a clear break below the channel support could signal completion of the uptrend.
