USD/CHF may fall 42 - 67 pips

Pivot

0.8635

Our preference

Short positions below 0.8635 with targets at 0.8545 & 0.8520 in extension.

Alternative scenario

Above 0.8635 look for further upside with 0.8660 & 0.8680 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.8680

0.8660

0.8635

0.8587 Last

0.8545

0.8520

0.8500

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