USDCHF’s rise extended to as high as 0.9148, the subsequent pullback is treated as consolidation of uptrend. Support remains at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to resume, and another rise towards 0.9314 previous high is still possible. On the other side, a clear break below the trend line will indicate that a cycle top has been formed at 0.9148, and the rise from 0.8569 has completed.
