USD/CHF may rise 8 - 23 pips

Pivot

0.8850

Our preference

Long positions above 0.8850 with targets at 0.8875 & 0.8890 in extension.

Alternative scenario

Below 0.8850 look for further downside with 0.8830 & 0.8815 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8905

0.8890

0.8875

0.8867 Last

0.8850

0.8830

0.8815

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