EUR/CHF may rise 10 - 30 pips

Pivot

0.9700

Our preference

Long positions above 0.9700 with targets at 0.9720 & 0.9740 in extension.

Alternative scenario

Below 0.9700 look for further downside with 0.9680 & 0.9670 as targets.

Comment

A support base at 0.9700 has formed and has allowed for a temporary stabilisation.

Supports and resistances

0.9770

0.9740

0.9720

0.9710 Last

0.9700

0.9680

0.9670

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