USD/CHF may rise 4 - 19 pips

Pivot

0.8895

Our preference

Long positions above 0.8895 with targets at 0.8915 & 0.8930 in extension.

Alternative scenario

Below 0.8895 look for further downside with 0.8880 & 0.8870 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8945

0.8930

0.8915

0.8911 Last

0.8895

0.8880

0.8870

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