USD/CHF may rise to 0.9050 - 0.9224

Pivot

0.8725

Our preference

Long positions above 0.8725 with targets at 0.9050 & 0.9224 in extension.

Alternative scenario

Below 0.8725 look for further downside with 0.8550 & 0.8330 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

0.9340

0.9224

0.9050

0.8861 Last

0.8725

0.8550

0.8330

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