EUR/CHF may rise 11 - 51 pips

Pivot

0.9450

Our preference

Long positions above 0.9450 with targets at 0.9500 & 0.9540 in extension.

Alternative scenario

Below 0.9450 look for further downside with 0.9430 & 0.9410 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9570

0.9540

0.9500

0.9489 Last

0.9450

0.9430

0.9410

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