EUR/CHF may rise 34 - 54 pips

Pivot

0.9495

Our preference

Long positions above 0.9495 with targets at 0.9560 & 0.9580 in extension.

Alternative scenario

Below 0.9495 look for further downside with 0.9470 & 0.9450 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.9605

0.9580

0.9560

0.9526 Last

0.9495

0.9470

0.9450

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