EUR/CHF may rise to 0.9770 - 0.9930

Pivot

0.9200

Our preference

Long positions above 0.9200 with targets at 0.9770 & 0.9930 in extension.

Alternative scenario

Below 0.9200 look for further downside with 0.9000 & 0.8600 as targets.

Comment

The RSI has just landed on a support around 30% and is reversing up.

Supports and resistances

0.9990

0.9930

0.9770

0.9511 Last

0.9200

0.9000

0.8600

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