EUR/CHF may rise 6 - 31 pips

Pivot

0.9385

Our preference

Long positions above 0.9385 with targets at 0.9420 & 0.9445 in extension.

Alternative scenario

Below 0.9385 look for further downside with 0.9370 & 0.9355 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

0.9470

0.9445

0.9420

0.9414 Last

0.9385

0.9370

0.9355

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