EUR/CHF may fall 8 - 23 pips

Pivot

0.9680

Our preference

Short positions below 0.9680 with targets at 0.9655 & 0.9640 in extension.

Alternative scenario

Above 0.9680 look for further upside with 0.9690 & 0.9705 as targets.

Comment

The immediate trend remains down and the momentum is strong.

Supports and resistances

0.9705

0.9690

0.9680

0.9663 Last

0.9655

0.9640

0.9625

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