USDCHF stayed in a trading range between 0.8986 and 0.9126 for several days. The price action in the range is likely correction of the uptrend from 0.8799. Another fall to 0.8900 area to complete the correction is possible. On the upside, a break above 0.9126 resistance will signal resumption of the uptrend from 0.8799, then the following upward movement could bring price to 0.9400 zone.
