USD/CHF may rise 21 - 36 pips

Pivot

0.8605

Our preference

Long positions above 0.8605 with targets at 0.8655 & 0.8670 in extension.

Alternative scenario

Below 0.8605 look for further downside with 0.8580 & 0.8560 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

0.8685

0.8670

0.8655

0.8634 Last

0.8605

0.8580

0.8560

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