USD/CHF may fall 22 - 37 pips

Pivot

0.8865

Our preference

Short positions below 0.8865 with targets at 0.8815 & 0.8800 in extension.

Alternative scenario

Above 0.8865 look for further upside with 0.8890 & 0.8905 as targets.

Comment

The break below 0.8865 is a negative signal that has opened a path to 0.8815.

Supports and resistances

0.8905

0.8890

0.8865

0.8837 Last

0.8815

0.8800

0.8760

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