USD/CHF may rise 20 - 35 pips

Pivot

0.8630

Our preference

Long positions above 0.8630 with targets at 0.8680 & 0.8695 in extension.

Alternative scenario

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

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8710

0.8695

0.8680

0.8660 Last

0.8630

0.8615

0.8600

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