EUR/CHF may rise 17 - 27 pips

Pivot

0.9655

Our preference

Long positions above 0.9655 with targets at 0.9680 & 0.9690 in extension.

Alternative scenario

Below 0.9655 look for further downside with 0.9640 & 0.9620 as targets.

Comment

A support base at 0.9655 has formed and has allowed for a temporary stabilisation.

Supports and resistances

0.9710

0.9690

0.9680

0.9663 Last

0.9655

0.9640

0.9620

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