EUR/CHF may rise 54 - 94 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 next resistances are at 0.9500 and then at 0.9540.

Supports and resistances

0.9580

0.9540

0.9500

0.9446 Last

0.9400

0.9355

0.9325

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