USD/CHF may fall 25 - 40 pips

Pivot

0.9030

Our preference

Short positions below 0.9030 with targets at 0.8985 & 0.8970 in extension.

Alternative scenario

Above 0.9030 look for further upside with 0.9050 & 0.9065 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

0.9065

0.9050

0.9030

0.9010 Last

0.8985

0.8970

0.8955

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