USD/CHF may rise 14 - 29 pips

Pivot

0.8820

Our preference

Long positions above 0.8820 with targets at 0.8855 & 0.8870 in extension.

Alternative scenario

Below 0.8820 look for further downside with 0.8805 & 0.8790 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8885

0.8870

0.8855

0.8841 Last

0.8820

0.8805

0.8790

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