USD/CHF may rise 14 - 29 pips

Pivot

0.8555

Our preference

Long positions above 0.8555 with targets at 0.8585 & 0.8600 in extension.

Alternative scenario

Below 0.8555 look for further downside with 0.8540 & 0.8525 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

0.8615

0.8600

0.8585

0.8571 Last

0.8555

0.8540

0.8525

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