USD/CHF may rise 27 - 57 pips

Pivot

0.8630

Our preference

Long positions above 0.8630 with targets at 0.8690 & 0.8720 in extension.

Alternative scenario

Below 0.8630 look for further downside with 0.8600 & 0.8565 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8750

0.8720

0.8690

0.8663 Last

0.8630

0.8600

0.8565

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