USD/CHF may rise 13 - 33 pips

Pivot

0.8575

Our preference

Long positions above 0.8575 with targets at 0.8610 & 0.8630 in extension.

Alternative scenario

Below 0.8575 look for further downside with 0.8560 & 0.8540 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.8650

0.8630

0.8610

0.8597 Last

0.8575

0.8560

0.8540

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