USDCHF’s fall from 0.9596 extended to as low as 0.9516, as long as 0.9485 support holds, the fall could be treated as consolidation of the uptrend from 0.9300, another rise to 0.9700 area is still possible. On the downside, a breakdown below 0.9485 support will indicate that the uptrend had completed at 0.9596 already, then deeper decline to 0.9400 area could be seen.
