EUR/CHF may rise 24 - 44 pips

Pivot

0.9640

Our preference

Long positions above 0.9640 with targets at 0.9690 & 0.9710 in extension.

Alternative scenario

Below 0.9640 look for further downside with 0.9620 & 0.9600 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9725

0.9710

0.9690

0.9666 Last

0.9640

0.9620

0.9600

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