USDCHF Daily Analysis – December 4, 2014

USDCHF broke above 0.9739 resistance, indicating that the uptrend from 0.9370 (Oct 15 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9700, as long as this level holds, the uptrend will continue.

usdchf chart