EUR/CHF may rise 26 - 46 pips

Pivot

0.9730

Our preference

Long positions above 0.9730 with targets at 0.9775 & 0.9795 in extension.

Alternative scenario

Below 0.9730 look for further downside with 0.9715 & 0.9700 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9815

0.9795

0.9775

0.9749 Last

0.9730

0.9715

0.9700

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