USD/CHF may rise 17 - 32 pips

Pivot

0.9110

Our preference

Long positions above 0.9110 with targets at 0.9145 & 0.9160 in extension.

Alternative scenario

Below 0.9110 look for further downside with 0.9100 & 0.9090 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9175

0.9160

0.9145

0.9128 Last

0.9110

0.9100

0.9090

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