EUR/CHF may rise 20 - 50 pips

Pivot

0.9525

Our preference

Long positions above 0.9525 with targets at 0.9565 & 0.9595 in extension.

Alternative scenario

Below 0.9525 look for further downside with 0.9505 & 0.9475 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9605

0.9595

0.9565

0.9545 Last

0.9525

0.9505

0.9475

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