CHF/INR may rise to 100.6127 - 102.1560

Our pivot point stands at 95.07.

Our preference

As long as 95.07 is support look for 102.16.

Alternative scenario

Below 95.07, expect 92.49 and 90.96.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96.46 and 94.62).

Supports and resistances

105.24 **

103.70 *

102.16 **

100.61

97.46 last

96.09

95.07 **

92.49 *

90.96 **

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