USD/CHF may fall 11 - 26 pips

Pivot

0.9050

Our preference

Short positions below 0.9050 with targets at 0.9025 & 0.9010 in extension.

Alternative scenario

Above 0.9050 look for further upside with 0.9065 & 0.9080 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

0.9080

0.9065

0.9050

0.9036 Last

0.9025

0.9010

0.8995

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