USD/CHF may rise 21 - 41 pips

Pivot

0.8590

Our preference

Long positions above 0.8590 with targets at 0.8630 & 0.8650 in extension.

Alternative scenario

Below 0.8590 look for further downside with 0.8575 & 0.8560 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

0.8680

0.8650

0.8630

0.8609 Last

0.8590

0.8575

0.8560

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