EUR/CHF may rise 24 - 54 pips

Pivot

0.9610

Our preference

Long positions above 0.9610 with targets at 0.9655 & 0.9685 in extension.

Alternative scenario

Below 0.9610 look for further downside with 0.9595 & 0.9575 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

0.9705

0.9685

0.9655

0.9631 Last

0.9610

0.9595

0.9575

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