EUR/CHF may rise 19 - 34 pips

Pivot

0.9670

Our preference

Long positions above 0.9670 with targets at 0.9705 & 0.9720 in extension.

Alternative scenario

Below 0.9670 look for further downside with 0.9655 & 0.9625 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

0.9740

0.9720

0.9705

0.9686 Last

0.9670

0.9655

0.9625

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