USD/CHF may rise 26 - 51 pips

Pivot

0.9040

Our preference

Long positions above 0.9040 with targets at 0.9075 & 0.9100 in extension.

Alternative scenario

Below 0.9040 look for further downside with 0.9020 & 0.9000 as targets.

Comment

The break above 0.9040 is a positive signal that has opened a path to 0.9075.

Supports and resistances

0.9115

0.9100

0.9075

0.9049 Last

0.9040

0.9020

0.9000

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