USD/CHF may rise 15 - 30 pips

Pivot

0.8985

Our preference

Long positions above 0.8985 with targets at 0.9025 & 0.9040 in extension.

Alternative scenario

Below 0.8985 look for further downside with 0.8955 & 0.8940 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9055

0.9040

0.9025

0.9010 Last

0.8985

0.8955

0.8940

Number of asterisks represents the strength of support and resistance levels.