EUR/CHF may rise 38 - 78 pips

Pivot

0.9380

Our preference

Long positions above 0.9380 with targets at 0.9470 & 0.9510 in extension.

Alternative scenario

Below 0.9380 look for further downside with 0.9335 & 0.9305 as targets.

Comment

The break above 0.9380 is a positive signal that has opened a path to 0.9470.

Supports and resistances

0.9530

0.9510

0.9470

0.9432 Last

0.9380

0.9335

0.9305

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