CHF/INR may rise to 93.5756 - 94.5475

90.12 is our pivot point.

Our preference

Rebound towards 94.55.

Alternative scenario

Below 90.12, expect 88.49 and 87.52.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 91.70 and 92.09).

Supports and resistances

96.49 **

95.52 *

94.55 **

93.58

91.51 last

90.76

90.12 **

88.49 *

87.52 **

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