USDCHF Daily Analysis – October 1, 2014

USDCHF’s upward movement from 0.9300 extended to as high as 0.9596. Support is at 0.9485, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9700 area. Only break below 0.9485 support could signal completion of the uptrend.

usdchf chart