USDCHF recently reversed up with the Japanese candlesticks reversal pattern Bullish Engulfing from the support area located between the key support level 0.90400 (which has been reversing the price from the start of August) and the lower daily Bollinger Band. Given the earlier breakout of the daily down channel from September and the strengthening bullish USD sentiment seen across the FX markets today, USDCHF is likely to rise further toward the next resistance level 0.91500 (top of the previous minor correction (iv) from the middle of October)