Wednesday 10 September 2014

USDCHF Daily Analysis - September 11, 2014 Forex Analysis

USDCHF remains in uptrend from 0.8997, and the rise extended to as high as 0.9395. Near term support is at 0.9314, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9500 area. Key support is located at the rising trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.



usdchf chart






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