USD/CHF may rise 35 - 55 pips

Pivot

0.8640

Our preference

Long positions above 0.8640 with targets at 0.8685 & 0.8705 in extension.

Alternative scenario

Below 0.8640 look for further downside with 0.8620 & 0.8610 as targets.

Comment

The break above 0.8640 is a positive signal that has opened a path to 0.8685.

Supports and resistances

0.8730

0.8705

0.8685

0.8650 Last

0.8640

0.8620

0.8610

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