USDCHF is forming a sideways consolidation

einvestorsforum.com — USDCHF is forming a sideways consolidation in a range between 1.0693 and 1.1416. Further rise is still possible to test 1.1416 (Sep 11 high) resistance. As long as this level holds, we?d expect down trend to resume and pullback towards 1.0693 could be seen to follow. Initial support is located at 1.1144, fall below Oct 2, 2008 View in Crawl 4