USD/CHF may fall 25 - 45 pips

Pivot

0.8865

Our preference

Short positions below 0.8865 with targets at 0.8820 & 0.8800 in extension.

Alternative scenario

Above 0.8865 look for further upside with 0.8890 & 0.8915 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.8865.

Supports and resistances

0.8915

0.8890

0.8865

0.8845 Last

0.8820

0.8800

0.8770

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