USDCHF Daily Analysis – December 11, 2014

USDCHF broke below 0.9646 support, indicating that the uptrend from 0.9531 had completed at 0.9817 already. Deeper decline would likely be seen, and the target would be at 0.9550 area. Resistance levels are at 0.9725 and 0.9817, only break above these levels could trigger another rise towards 1.0000.

usdchf chart