EUR/CHF may rise 18 - 33 pips

Pivot

0.9400

Our preference

Long positions above 0.9400 with targets at 0.9435 & 0.9450 in extension.

Alternative scenario

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

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9465

0.9450

0.9435

0.9417 Last

0.9400

0.9385

0.9370

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