USD/CHF may rise 15 - 30 pips

Pivot

0.8630

Our preference

Long positions above 0.8630 with targets at 0.8665 & 0.8680 in extension.

Alternative scenario

Below 0.8630 look for further downside with 0.8615 & 0.8600 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

0.8695

0.8680

0.8665

0.8650 Last

0.8630

0.8615

0.8600

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