CHF/INR may rise to 94.9271 - 95.6781

Our pivot point stands at 92.29.

Our preference

The upside prevails as long as 92.29 is support.

Alternative scenario

Below 92.29, expect 91.03 and 90.28.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 93.10 and 92.68).

Supports and resistances

97.18 **

96.43 *

95.68 **

94.93

93.34 last

92.78

92.29 **

91.03 *

90.28 **

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