USD/CHF may rise 19 - 49 pips

Pivot

0.8955

Our preference

Long positions above 0.8955 with targets at 0.9000 & 0.9030 in extension.

Alternative scenario

Below 0.8955 look for further downside with 0.8935 & 0.8920 as targets.

Comment

The immediate trend remains up and the momentum is strong.

Supports and resistances

0.9070

0.9030

0.9000

0.8981 Last

0.8955

0.8935

0.8920

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