USD/CHF may rise 24 - 54 pips

Pivot

0.8520

Our preference

Long positions above 0.8520 with targets at 0.8590 & 0.8620 in extension.

Alternative scenario

Below 0.8520 look for further downside with 0.8500 & 0.8480 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

0.8650

0.8620

0.8590

0.8566 Last

0.8520

0.8500

0.8480

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