EUR/CHF may rise 18 - 33 pips

Pivot

0.9800

Our preference

Long positions above 0.9800 with targets at 0.9840 & 0.9855 in extension.

Alternative scenario

Below 0.9800 look for further downside with 0.9765 & 0.9750 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9870

0.9855

0.9840

0.9822 Last

0.9800

0.9765

0.9750

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