USD/CHF may rise 21 - 41 pips

Pivot

0.8865

Our preference

Long positions above 0.8865 with targets at 0.8915 & 0.8935 in extension.

Alternative scenario

Below 0.8865 look for further downside with 0.8835 & 0.8815 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8955

0.8935

0.8915

0.8894 Last

0.8865

0.8835

0.8815

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