USD/CHF may rise 21 - 36 pips

Pivot

0.8885

Our preference

Long positions above 0.8885 with targets at 0.8930 & 0.8945 in extension.

Alternative scenario

Below 0.8885 look for further downside with 0.8850 & 0.8825 as targets.

Comment

The break above 0.8885 is a positive signal that has opened a path to 0.8930.

Supports and resistances

0.8965

0.8945

0.8930

0.8909 Last

0.8885

0.8850

0.8825

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