EUR/CHF may fall 31 - 56 pips

Pivot

0.9560

Our preference

Short positions below 0.9560 with targets at 0.9500 & 0.9475 in extension.

Alternative scenario

Above 0.9560 look for further upside with 0.9585 & 0.9605 as targets.

Comment

The break below 0.9560 is a negative signal that has opened a path to 0.9500.

Supports and resistances

0.9605

0.9585

0.9560

0.9531 Last

0.9500

0.9475

0.9460

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