USDCHF remains in uptrend from 1.0434

USDCHF remains in uptrend from 1.0434 and the price action from 1.1245 is more likely consolidation of uptrend. Support is at the rising trend line on 4-hour chart, as long as the trend line support holds, another rise to 1.1400 is still possible after consolidation and a break above 1.1245 could signal resumption of uptrend, only a clear break below the trend line support could suggest that the upward movement from 1.0434 has completed.

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