EUR/CHF may rise 15 - 40 pips

Pivot

0.9430

Our preference

Long positions above 0.9430 with targets at 0.9475 & 0.9500 in extension.

Alternative scenario

Below 0.9430 look for further downside with 0.9410 & 0.9390 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.9520

0.9500

0.9475

0.9460 Last

0.9430

0.9410

0.9390

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