USD/CHF may rise 17 - 32 pips

Pivot

0.8900

Our preference

Long positions above 0.8900 with targets at 0.8925 & 0.8940 in extension.

Alternative scenario

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

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.8955

0.8940

0.8925

0.8908 Last

0.8900

0.8885

0.8870

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