USD/CHF may fall 8 - 23 pips

Pivot

0.8975

Our preference

Short positions below 0.8975 with targets at 0.8950 & 0.8935 in extension.

Alternative scenario

Above 0.8975 look for further upside with 0.9000 & 0.9020 as targets.

Comment

A break below 0.8950 would trigger a drop towards 0.8935.

Supports and resistances

0.9020

0.9000

0.8975

0.8958 Last

0.8950

0.8935

0.8915

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