USD/CHF may rise 18 - 33 pips

Pivot

0.8840

Our preference

Long positions above 0.8840 with targets at 0.8875 & 0.8890 in extension.

Alternative scenario

Below 0.8840 look for further downside with 0.8825 & 0.8810 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

0.8905

0.8890

0.8875

0.8857 Last

0.8840

0.8825

0.8810

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