EUR/CHF may fall 40 - 90 pips

Pivot

0.9360

Our preference

Short positions below 0.9360 with targets at 0.9250 & 0.9200 in extension.

Alternative scenario

Above 0.9360 look for further upside with 0.9400 & 0.9435 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

0.9435

0.9400

0.9360

0.9290 Last

0.9250

0.9200

0.9170

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