The pair lost the uptrend again. During the morning in Europe it stayed between 1.0197 and 1.0168. Now, it's declining and the next support is at 1.015 francs per dollar. If it gets to that level, it could rest a bit, as the RSI is near the oversold area. Therefore, the pair's target is to get inside the downwards channel. To to that, it will have to break1.013 Swiss francs per dollar. On the upper side, it will have to form a good support around 1.015, the level that helped the price to go up on the October 27th.


/