After touching 1.1449 support, USDCHF rebounded strongly from 1.1430, suggesting that a cycle bottom has been formed on 4-hour chart. Now the bounce from 1.1430 is more likely resumption of uptrend from 1.0434 (Apr 1 low), and another rise to 1.1900 is expected, however, a break above 1.1730 previous high is needed to confirm the resumption of uptrend.

usdchf