USD/CHF may rise 19 - 39 pips

Pivot

0.8660

Our preference

Long positions above 0.8660 with targets at 0.8700 & 0.8720 in extension.

Alternative scenario

Below 0.8660 look for further downside with 0.8630 & 0.8600 as targets.

Comment

The break above 0.8660 is a positive signal that has opened a path to 0.8700.

Supports and resistances

0.8745

0.8720

0.8700

0.8681 Last

0.8660

0.8630

0.8600

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