USD/CHF may rise 24 - 44 pips

Pivot

0.9010

Our preference

Long positions above 0.9010 with targets at 0.9060 & 0.9080 in extension.

Alternative scenario

Below 0.9010 look for further downside with 0.8990 & 0.8975 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9100

0.9080

0.9060

0.9036 Last

0.9010

0.8990

0.8975

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