USD/CHF may fall to 0.8100 - 0.8500

Pivot

0.9450

Our preference

Short positions below 0.9450 with targets at 0.8500 & 0.8100 in extension.

Alternative scenario

Above 0.9450 look for further upside with 1.0050 & 1.0350 as targets.

Comment

The RSI lacks upward momentum.

Supports and resistances

1.0350

1.0050

0.9450

0.9124 Last

0.8500

0.8100

0.7600

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