EUR/CHF may rise 16 - 31 pips

Pivot

0.9565

Our preference

Long positions above 0.9565 with targets at 0.9595 & 0.9610 in extension.

Alternative scenario

Below 0.9565 look for further downside with 0.9545 & 0.9525 as targets.

Comment

The break above 0.9565 is a positive signal that has opened a path to 0.9595.

Supports and resistances

0.9630

0.9610

0.9595

0.9579 Last

0.9565

0.9545

0.9525

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