USD/CHF may rise 25 - 40 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 is bullish and calls for further upside.

Supports and resistances

0.9015

0.9000

0.8985

0.8960 Last

0.8945

0.8930

0.8915

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