USDCHF Daily Analysis – December 3, 2014

USDCHF is facing 1.9739 resistance again, a break of this level will indicate that the uptrend from 0.9370 has resumed, then next target would be at 1.0000 area. Support is at 0.9660, only break below this level will indicate that lengthier sideways movement is underway, then deeper decline to 0.9550 area could be seen.

usdchf chart