USDCHF had formed a cycle top at 0.9567 on daily chart. Further decline would likely be seen, and next target would be at 0.9100 area. Resistance is at 0.9370, as long as this level holds, the downtrend from 0.9567 will continue.
For long term analysis, USDCHF had formed a cycle top at 0.9567 on week chart. Further decline to 0.8500 area could be expected over the next several weeks.
