EUR/CHF may fall 9 - 24 pips

Pivot

0.9645

Our preference

Short positions below 0.9645 with targets at 0.9610 & 0.9595 in extension.

Alternative scenario

Above 0.9645 look for further upside with 0.9660 & 0.9675 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.9675

0.9660

0.9645

0.9619 Last

0.9610

0.9595

0.9575

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