USD/CHF may rise 13 - 33 pips

Pivot

0.8880

Our preference

Long positions above 0.8880 with targets at 0.8920 & 0.8940 in extension.

Alternative scenario

Below 0.8880 look for further downside with 0.8865 & 0.8850 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.8965

0.8940

0.8920

0.8907 Last

0.8880

0.8865

0.8850

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