EUR/CHF may rise 5 - 20 pips

Pivot

0.9715

Our preference

Long positions above 0.9715 with targets at 0.9740 & 0.9755 in extension.

Alternative scenario

Below 0.9715 look for further downside with 0.9700 & 0.9685 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9775

0.9755

0.9740

0.9735 Last

0.9715

0.9700

0.9685

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