USD/CHF may rise 11 - 31 pips

Pivot

0.8515

Our preference

Long positions above 0.8515 with targets at 0.8550 & 0.8570 in extension.

Alternative scenario

Below 0.8515 look for further downside with 0.8500 & 0.8475 as targets.

Comment

The break above 0.8515 is a positive signal that has opened a path to 0.8550.

Supports and resistances

0.8590

0.8570

0.8550

0.8539 Last

0.8515

0.8500

0.8475

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