USDCHF breaks above 1.0857 resistance and is now in short term uptrend. Further rally is expected to test 1.0986 medium term key resistance, a break above this level will indicate that the downtrend from 1.1740 (Apr 20 high) has completed at 1.0590 level already, and then the following uptrend will take price to 1.1150-1.1200 area. Initial support is at 1.0865, as long as this level holds, we€™d expect the short term uptrend from 1.0650 to continue.