USD/CHF may rise 17 - 37 pips

Pivot

0.8545

Our preference

Long positions above 0.8545 with targets at 0.8585 & 0.8605 in extension.

Alternative scenario

Below 0.8545 look for further downside with 0.8530 & 0.8510 as targets.

Comment

The next resistances are at 0.8585 and then at 0.8605.

Supports and resistances

0.8620

0.8605

0.8585

0.8568 Last

0.8545

0.8530

0.8510

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