USD/CHF may rise 26 - 46 pips

Pivot

0.8410

Our preference

Long positions above 0.8410 with targets at 0.8460 & 0.8480 in extension.

Alternative scenario

Below 0.8410 look for further downside with 0.8390 & 0.8370 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.8500

0.8480

0.8460

0.8434 Last

0.8410

0.8390

0.8370

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