USD/CHF may rise 17 - 32 pips

Pivot

0.8825

Our preference

Long positions above 0.8825 with targets at 0.8860 & 0.8875 in extension.

Alternative scenario

Below 0.8825 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

0.8875

0.8860

0.8843 Last

0.8825

0.8805

0.8790

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