EUR/CHF may rise 25 - 40 pips

Pivot

0.9670

Our preference

Long positions above 0.9670 with targets at 0.9710 & 0.9725 in extension.

Alternative scenario

Below 0.9670 look for further downside with 0.9655 & 0.9640 as targets.

Comment

The break above 0.9670 is a positive signal that has opened a path to 0.9710.

Supports and resistances

0.9740

0.9725

0.9710

0.9685 Last

0.9670

0.9655

0.9640

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