USD/CHF may rise 30 - 60 pips

Pivot

0.8515

Our preference

Long positions above 0.8515 with targets at 0.8590 & 0.8620 in extension.

Alternative scenario

Below 0.8515 look for further downside with 0.8495 & 0.8470 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8650

0.8620

0.8590

0.8560 Last

0.8515

0.8495

0.8470

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