EUR/CHF may rise 9 - 24 pips

Pivot

0.9400

Our preference

Long positions above 0.9400 with targets at 0.9420 & 0.9435 in extension.

Alternative scenario

Below 0.9400 look for further downside with 0.9385 & 0.9370 as targets.

Comment

The next resistances are at 0.9420 and then at 0.9435.

Supports and resistances

0.9450

0.9435

0.9420

0.9411 Last

0.9400

0.9385

0.9370

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