USD/CHF may rise 51 - 81 pips

Pivot

0.8495

Our preference

Long positions above 0.8495 with targets at 0.8600 & 0.8630 in extension.

Alternative scenario

Below 0.8495 look for further downside with 0.8460 & 0.8430 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8650

0.8630

0.8600

0.8549 Last

0.8495

0.8460

0.8430

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