USDCHF Daily Analysis – December 5, 2014

USDCHF remains in uptrend from 0.9370 (Oct 15 low), the fall from 0.9794 is likely consolidation of the uptrend. As long as 0.9531 key support holds, the uptrend could be expected to resume, and next target would be at 1.0000 area.

usdchf chart