EUR/CHF may rise 30 - 55 pips

Pivot

0.9315

Our preference

Long positions above 0.9315 with targets at 0.9385 & 0.9410 in extension.

Alternative scenario

Below 0.9315 look for further downside with 0.9285 & 0.9265 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.9435

0.9410

0.9385

0.9355 Last

0.9315

0.9285

0.9265

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