USDCHF stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9687, the rise from 0.9370 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.9300 area. On the upside, a clear break above the trend line resistance will indicate that the downtrend had completed at 0.9370 already, then another rise towards 1.0000 could be seen.
