USDCHF looking to complete its retracement

USDCHF seems to be completing its retracement and is looking to do so just
around 1.0530 level. USDCHF is expected to resume its upward trend again
from 1.0530 level. If USDCHF manages to continue its downward trend and
break of 1.0530 will mean that its next target will be somewhere around
1.0450 level.

On the upper side, its initial target will be around 1.0640 level and
continuation of its upward trend will lead USDCHF above 1.0700 level. RSI
was on the higher side but current retracement has opened up it considerably
to allow it to make a move towards 1.0640 level.