EUR/CHF may rise 10 - 25 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

A support base at 0.9565 has formed and has allowed for a temporary stabilisation.

Supports and resistances

0.9630

0.9610

0.9595

0.9585 Last

0.9565

0.9545

0.9525

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