USD/CHF may rise 18 - 28 pips

Pivot

0.8955

Our preference

Long positions above 0.8955 with targets at 0.8990 & 0.9000 in extension.

Alternative scenario

Below 0.8955 look for further downside with 0.8940 & 0.8925 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9030

0.9000

0.8990

0.8972 Last

0.8955

0.8940

0.8925

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