EUR/CHF may rise 9 - 24 pips

Pivot

0.9395

Our preference

Long positions above 0.9395 with targets at 0.9420 & 0.9435 in extension.

Alternative scenario

Below 0.9395 look for further downside with 0.9385 & 0.9365 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

0.9450

0.9435

0.9420

0.9411 Last

0.9395

0.9385

0.9365

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