EUR/CHF may rise 14 - 34 pips

Pivot

0.9575

Our preference

Long positions above 0.9575 with targets at 0.9610 & 0.9630 in extension.

Alternative scenario

Below 0.9575 look for further downside with 0.9565 & 0.9545 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9650

0.9630

0.9610

0.9596 Last

0.9575

0.9565

0.9545

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