USD/CHF may rise 34 - 49 pips

Our preference
long positions above 0.9160 with targets at 0.9205 & 0.9220 in extension.

Alternative scenario
below 0.9160 look for further downside with 0.9145 & 0.9130 as targets.

Comment
the RSI lacks downward momentum.
Technical IndicatorsTrend Analysis

Penafian