EUR/CHF may rise 7 - 17 pips

Pivot

0.9370

Our preference

Long positions above 0.9370 with targets at 0.9390 & 0.9400 in extension.

Alternative scenario

Below 0.9370 look for further downside with 0.9360 & 0.9345 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

0.9420

0.9400

0.9390

0.9383 Last

0.9370

0.9360

0.9345

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