USDCHF broke below the lower line of the price channel on 4-hour chart, indicating that consolidation of the uptrend from 0.8855 is underway. Range trading between 0.9000 and 0.9105 would likely be seen in a couple of days. Support is at 0.9000, as long as this level holds, the uptrend could be expected to resume, and another rise towards 0.9400 is still possible after consolidation. Only break below 0.9000 support will signal completion of the uptrend from 0.8855, then deeper decline to 0.8900 area could be seen.
