USD/CHF may rise 18 - 33 pips

Pivot

0.8560

Our preference

Long positions above 0.8560 with targets at 0.8600 & 0.8615 in extension.

Alternative scenario

Below 0.8560 look for further downside with 0.8540 & 0.8525 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

0.8630

0.8615

0.8600

0.8582 Last

0.8560

0.8540

0.8525

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