USDCHF Daily Analysis – December 19, 2014

USDCHF broke above 0.9817 resistance, indicating that the uptrend from 0.8703 (May 8 low) has resumed. Further rise could be expected, and next target would be at 1.0000 area. Support is at 0.9750, only break below this level could trigger another fall to 0.9600 area.

usdchf chart