USDCHF remains in downtrend from 0.9687, the rise from 0.9370 could be treated as consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9300 area. On the upside, a clear break above the trend line resistance will indicate that the downtrend had completed at 0.9370 already, then the following upward movement could bring price to 1.0000 zone.
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