USDCHF failed to break above 0.9114 resistance and stayed in the trading range between 0.9032 and 0.9114, indicating that lengthier consolidation for the uptrend from 0.8855 is needed. Sideways movement in the range would likely be seen in a couple of days. As long as 0.9032 support holds, the uptrend could be expected to resume, and next target would be at 0.9200 area. On the downside, a breakdown below 0.9032 support will indicate that the uptrend from 0.8855 had completed at 0.9114 already, then deeper decline to 0.8900 area is possible.
