EUR/CHF may rise 24 - 49 pips

Pivot

0.9475

Our preference

Long positions above 0.9475 with targets at 0.9535 & 0.9560 in extension.

Alternative scenario

Below 0.9475 look for further downside with 0.9450 & 0.9430 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.9580

0.9560

0.9535

0.9511 Last

0.9475

0.9450

0.9430

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