EUR/CHF may rise 13 - 28 pips

Pivot

0.9350

Our preference

Long positions above 0.9350 with targets at 0.9380 & 0.9395 in extension.

Alternative scenario

Below 0.9350 look for further downside with 0.9340 & 0.9325 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.9405

0.9395

0.9380

0.9367 Last

0.9350

0.9340

0.9325

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