USD/CHF may rise 14 - 29 pips

Pivot

0.8645

Our preference

Long positions above 0.8645 with targets at 0.8675 & 0.8690 in extension.

Alternative scenario

Below 0.8645 look for further downside with 0.8625 & 0.8610 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.8705

0.8690

0.8675

0.8661 Last

0.8645

0.8625

0.8610

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