USD/CHF may rise 18 - 33 pips

Pivot

0.8945

Our preference

Long positions above 0.8945 with targets at 0.8985 & 0.9000 in extension.

Alternative scenario

Below 0.8945 look for further downside with 0.8930 & 0.8915 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

0.9015

0.9000

0.8985

0.8967 Last

0.8945

0.8930

0.8915

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