USD/CHF may rise 13 - 28 pips.

USD/CHF may rise 13 - 28 pips.

Pivot 0.7815
Our preference : Long positions above 0.7815 with targets at 0.7845 & 0.7860 in extension.

Alternative scenario Below 0.7815 look for further downside with 0.7805 & 0.7795 as targets.

Comment : Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.