EUR/CHF may fall 38 - 73 pips

Pivot

0.9460

Our preference

Short positions below 0.9460 with targets at 0.9375 & 0.9340 in extension.

Alternative scenario

Above 0.9460 look for further upside with 0.9490 & 0.9520 as targets.

Comment

The break below the support at 0.9460 triggered a bearish acceleration to the support at 0.9375.

Supports and resistances

0.9520

0.9490

0.9460

0.9413 Last

0.9375

0.9340

0.9315

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