USDCHF remains in downtrend from 0.9081, the rise from 0.8856 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resume, and one more fall to 0.8500 area is still possible. Only a clear break above the channel resistance could signal completion of the downtrend.
