USD/CHF may rise 17 - 42 pips

Pivot

0.8900

Our preference

Long positions above 0.8900 with targets at 0.8940 & 0.8965 in extension.

Alternative scenario

Below 0.8900 look for further downside with 0.8880 & 0.8865 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9000

0.8965

0.8940

0.8923 Last

0.8900

0.8880

0.8865

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