USDCHF had formed a cycle top at 0.9511 on daily chart. Further decline could be expected next week, and next target would be at 0.9100-0.9150 area. Resistance is at 0.9400, only break above this level could trigger another rise towards 0.9600.
For long term analysis, USDCHF had formed a cycle top at 0.9971 on weekly chart. Further decline to 0.8500 area would likely be seen over the next several weeks.
