EUR/CHF may rise 45 - 85 pips

Pivot

0.9400

Our preference

Long positions above 0.9400 with targets at 0.9500 & 0.9540 in extension.

Alternative scenario

Below 0.9400 look for further downside with 0.9355 & 0.9325 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.9580

0.9540

0.9500

0.9455 Last

0.9400

0.9355

0.9325

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