USD/CHF may rise 28 - 43 pips

Pivot

0.8550

Our preference

Long positions above 0.8550 with targets at 0.8605 & 0.8620 in extension.

Alternative scenario

Below 0.8550 look for further downside with 0.8525 & 0.8500 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.8640

0.8620

0.8605

0.8577 Last

0.8550

0.8525

0.8500

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