EUR/CHF may fall 23 - 53 pips

Pivot

0.9535

Our preference

Short positions below 0.9535 with targets at 0.9470 & 0.9440 in extension.

Alternative scenario

Above 0.9535 look for further upside with 0.9565 & 0.9590 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

0.9590

0.9565

0.9535

0.9493 Last

0.9470

0.9440

0.9410

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