USD/CHF may fall 13 - 28 pips

Pivot

0.9005

Our preference

Short positions below 0.9005 with targets at 0.8970 & 0.8955 in extension.

Alternative scenario

Above 0.9005 look for further upside with 0.9015 & 0.9035 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

0.9035

0.9015

0.9005

0.8983 Last

0.8970

0.8955

0.8940

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