USD/CHF may fall 4 - 19 pips

Pivot

0.8905

Our preference

Short positions below 0.8905 with targets at 0.8885 & 0.8870 in extension.

Alternative scenario

Above 0.8905 look for further upside with 0.8925 & 0.8940 as targets.

Comment

The break below 0.8905 is a negative signal that has opened a path to 0.8885.

Supports and resistances

0.8940

0.8925

0.8905

0.8889 Last

0.8885

0.8870

0.8845

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