USD/CHF may fall 18 - 33 pips

Pivot

0.8955

Our preference

Short positions below 0.8955 with targets at 0.8915 & 0.8900 in extension.

Alternative scenario

Above 0.8955 look for further upside with 0.8970 & 0.8985 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.8985

0.8970

0.8955

0.8933 Last

0.8915

0.8900

0.8885

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