USD/CHF may rise 17 - 32 pips

Pivot

0.8645

Our preference

Long positions above 0.8645 with targets at 0.8685 & 0.8700 in extension.

Alternative scenario

Below 0.8645 look for further downside with 0.8630 & 0.8615 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.8715

0.8700

0.8685

0.8668 Last

0.8645

0.8630

0.8615

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