USD/CHF may rise 15 - 30 pips

Pivot

0.8950

Our preference

Long positions above 0.8950 with targets at 0.8985 & 0.9000 in extension.

Alternative scenario

Below 0.8950 look for further downside with 0.8930 & 0.8910 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

0.9020

0.9000

0.8985

0.8970 Last

0.8950

0.8930

0.8910

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