CHF/INR may rise to 95.5446 - 96.6208

91.32 is our pivot point.

Our preference

The upside prevails as long as 91.32 is support.

Alternative scenario

Below 91.32, expect 89.53 and 88.46.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 91.80 and 91.76). Finally, the CHF/INR is trading above its upper Bollinger band (standing at 93.14).

Supports and resistances

98.77 **

97.70 *

96.62 **

95.54

93.26 last

92.03

91.32 **

89.53 *

88.46 **

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