USDCHF remains in downtrend from 0.9838, the rise from 0.9130 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9000 area. Resistance is at 0.9400, only break above this level will indicate that lengthier correction of the downtrend is underway, then further rally to 0.9500 – 0.9600 area could be seen.
