USDCHF continues the upward movement from 0.9239

USDCHF failed to break below 0.9325 key support and continues its upward movement from 0.9239. support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue, and the target would be at 0.9500 area. On the downside, a clear break below the trend line support will indicate that the uptrend from 0.9239 has completed, then the following downward movement could bring price back towards 0.9000.

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Daily Forex Analysis

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