USD/CHF may fall 14 - 29 pips

Pivot

0.8990

Our preference

Short positions below 0.8990 with targets at 0.8960 & 0.8945 in extension.

Alternative scenario

Above 0.8990 look for further upside with 0.9005 & 0.9020 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.9020

0.9005

0.8990

0.8974 Last

0.8960

0.8945

0.8925

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