USDCHF stays in a trading range between 0.8852 and 0.8914. Initial resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend from 0.9081 could be expected to resume, and next target would be at 0.8500 area. Key resistance is at 0.8914, only break above this level could signal completion of the downtrend.
