USDCHF moved sideways in a range between 0.9032 and 0.9114. As long as 0.9032 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8855, another rise to 0.9200 area could be expected after consolidation. On the downside, a breakdown below 0.9032 support will signal completion of the uptrend, then deeper decline to 0.8900 area is possible.
