USD/CHF may rise 10 - 25 pips

Pivot

0.8945

Our preference

Long positions above 0.8945 with targets at 0.8975 & 0.8990 in extension.

Alternative scenario

Below 0.8945 look for further downside with 0.8935 & 0.8920 as targets.

Comment

The break above 0.8945 is a positive signal that has opened a path to 0.8975.

Supports and resistances

0.9000

0.8990

0.8975

0.8965 Last

0.8945

0.8935

0.8920

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