EUR/CHF may rise 25 - 60 pips

Pivot

0.9330

Our preference

Long positions above 0.9330 with targets at 0.9400 & 0.9435 in extension.

Alternative scenario

Below 0.9330 look for further downside with 0.9305 & 0.9275 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

0.9470

0.9435

0.9400

0.9375 Last

0.9330

0.9305

0.9275

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