EUR/CHF may rise 15 - 30 pips

Pivot

0.9865

Our preference

Long positions above 0.9865 with targets at 0.9895 & 0.9910 in extension.

Alternative scenario

Below 0.9865 look for further downside with 0.9850 & 0.9825 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9925

0.9910

0.9895

0.9880 Last

0.9865

0.9850

0.9825

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