USD/CHF may rise 45 - 75 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 mixed with a bullish bias.

Supports and resistances

0.8650

0.8620

0.8590

0.8545 Last

0.8515

0.8495

0.8470

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