EUR/CHF may rise 12 - 32 pips

Pivot

0.9540

Our preference

Long positions above 0.9540 with targets at 0.9575 & 0.9595 in extension.

Alternative scenario

Below 0.9540 look for further downside with 0.9520 & 0.9500 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

0.9610

0.9595

0.9575

0.9563 Last

0.9540

0.9520

0.9500

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