EUR/CHF may rise 12 - 32 pips

Pivot

0.9545

Our preference

Long positions above 0.9545 with targets at 0.9580 & 0.9600 in extension.

Alternative scenario

Below 0.9545 look for further downside with 0.9530 & 0.9515 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

0.9620

0.9600

0.9580

0.9568 Last

0.9545

0.9530

0.9515

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