USD/CHF may fall 11 - 26 pips

Pivot

0.9050

Our preference

Short positions below 0.9050 with targets at 0.9030 & 0.9015 in extension.

Alternative scenario

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

Comment

The upward potential is likely to be limited by the resistance at 0.9050.

Supports and resistances

0.9080

0.9065

0.9050

0.9041 Last

0.9030

0.9015

0.9000

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