CHF/INR may rise to 96.0691 - 97.0797

Our pivot point is at 92.35.

Our preference

The upside prevails as long as 92.35 is support.

Alternative scenario

Below 92.35, expect 90.66 and 89.65.

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 92.62 and 92.03).

Supports and resistances

99.10 **

98.09 *

97.08 **

96.07

93.84 last

93.01

92.35 **

90.66 *

89.65 **

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