USD/CHF may rise 17 - 32 pips

Pivot

0.8925

Our preference

Long positions above 0.8925 with targets at 0.8965 & 0.8980 in extension.

Alternative scenario

Below 0.8925 look for further downside with 0.8910 & 0.8900 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

0.8995

0.8980

0.8965

0.8948 Last

0.8925

0.8910

0.8900

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