EUR/CHF may fall 21 - 36 pips

Pivot

0.9740

Our preference

Short positions below 0.9740 with targets at 0.9700 & 0.9685 in extension.

Alternative scenario

Above 0.9740 look for further upside with 0.9755 & 0.9775 as targets.

Comment

The break below 0.9740 is a negative signal that has opened a path to 0.9700.

Supports and resistances

0.9775

0.9755

0.9740

0.9721 Last

0.9700

0.9685

0.9650

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