USDCHF Daily Analysis – November 11, 2014

USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9370, the fall from 0.9739 could be treated as consolidation of the uptrend. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.9900 area. Only a clear break below the channel support could signal completion of the uptrend.

usdchf chart