USDCHF breaks above 0.9567 resistance, suggesting that the uptrend from 0.9021 has resumed. Further rise is still possible next week, and the target would be at 0.9750 area. Support is at 0.9480, only break below this level could trigger another fall towards 0.9000.
For long term analysis, USDCHF is in downtrend from 0.9971 (Jul 24, 2012 high). Further decline to 0.8500 area could be expected over the next several weeks.
