USDCHF remains in uptrend from 0.8569

USDCHF remains in uptrend from 0.8569, the fall from 0.9148 is likely consolidation of uptrend. Support is now at the lower border of the price channel on 4-hour chart, as long as the channel support holds, uptrend could be expected to resume, and another rise towards 0.9314 previous high is still possible. However, a clear break below the channel will indicate that the rise from 0.8569 had completed at 0.9148 already, then the following downward move could bring price to 0.8000 zone.

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