USDCHF is in consolidation of the uptrend from 0.9421. Key support is at the upward price channel on 4-hour chart, as long as the channel support holds, we’d expect uptrend to resume, and another rise towards 1.0000 is still possible. On the downside, a clear break below the channel support will indicate that the uptrend from 0.9421 has completed at 0.9872 already, then the following downward movement could bring price back to 0.9500 zone.
