USD/CHF may rise 22 - 37 pips

Pivot

0.8980

Our preference

Long positions above 0.8980 with targets at 0.9015 & 0.9030 in extension.

Alternative scenario

Below 0.8980 look for further downside with 0.8955 & 0.8940 as targets.

Comment

The break above 0.8980 is a positive signal that has opened a path to 0.9015.

Supports and resistances

0.9045

0.9030

0.9015

0.8993 Last

0.8980

0.8955

0.8940

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