USD/CHF may rise 27 - 47 pips

Pivot

0.8630

Our preference

Long positions above 0.8630 with targets at 0.8685 & 0.8705 in extension.

Alternative scenario

Below 0.8630 look for further downside with 0.8610 & 0.8590 as targets.

Comment

The break above 0.8630 is a positive signal that has opened a path to 0.8685.

Supports and resistances

0.8730

0.8705

0.8685

0.8658 Last

0.8630

0.8610

0.8590

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