EUR/CHF may rise 11 - 26 pips

Pivot

0.9705

Our preference

Long positions above 0.9705 with targets at 0.9735 & 0.9750 in extension.

Alternative scenario

Below 0.9705 look for further downside with 0.9690 & 0.9675 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.9765

0.9750

0.9735

0.9724 Last

0.9705

0.9690

0.9675

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