USDCHF Daily Analysis – November 17, 2014

USDCHF broke below 0.9580 support, indicating that the uptrend from 0.9370 had completed at 0.9739 already. Deeper decline would likely be seen, and next target would be at 0.9500 area. Resistance levels are at 0.9690 and 0.9739, only break above these levels could trigger another rise towards 1.0000.

usdchf chart