EUR/CHF may rise 12 - 32 pips

Pivot

0.9720

Our preference

Long positions above 0.9720 with targets at 0.9755 & 0.9775 in extension.

Alternative scenario

Below 0.9720 look for further downside with 0.9700 & 0.9685 as targets.

Comment

The break above 0.9720 is a positive signal that has opened a path to 0.9755.

Supports and resistances

0.9800

0.9775

0.9755

0.9743 Last

0.9720

0.9700

0.9685

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