USD/CHF may rise 13 - 28 pips

Pivot

0.8900

Our preference

Long positions above 0.8900 with targets at 0.8930 & 0.8945 in extension.

Alternative scenario

Below 0.8900 look for further downside with 0.8885 & 0.8870 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8970

0.8945

0.8930

0.8917 Last

0.8900

0.8885

0.8870

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