USD/CHF may rise 19 - 39 pips

Pivot

0.8445

Our preference

Long positions above 0.8445 with targets at 0.8490 & 0.8510 in extension.

Alternative scenario

Below 0.8445 look for further downside with 0.8425 & 0.8405 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8530

0.8510

0.8490

0.8471 Last

0.8445

0.8425

0.8405

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