USD/CHF may rise 18 - 33 pips

Pivot

0.8915

Our preference

Long positions above 0.8915 with targets at 0.8950 & 0.8965 in extension.

Alternative scenario

Below 0.8915 look for further downside with 0.8890 & 0.8880 as targets.

Comment

The break above 0.8915 is a positive signal that has opened a path to 0.8950.

Supports and resistances

0.8980

0.8965

0.8950

0.8932 Last

0.8915

0.8890

0.8880

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