EUR/CHF may rise 25 - 35 pips

Pivot

0.9680

Our preference

Long positions above 0.9680 with targets at 0.9710 & 0.9720 in extension.

Alternative scenario

Below 0.9680 look for further downside with 0.9670 & 0.9655 as targets.

Comment

A support base at 0.9680 has formed and has allowed for a temporary stabilisation.

Supports and resistances

0.9740

0.9720

0.9710

0.9685 Last

0.9680

0.9670

0.9655

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