USD/CHF may rise to 0.8745 - 0.8770

Pivot

0.8330

Our preference

Long positions above 0.8330 with targets at 0.8745 & 0.8770 in extension.

Alternative scenario

Below 0.8330 look for further downside with 0.8120 & 0.8000 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

0.8920

0.8770

0.8745

0.8578 Last

0.8330

0.8120

0.8000

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