EUR/CHF may fall 71 - 111 pips

Pivot

0.9360

Our preference

Short positions below 0.9360 with targets at 0.9250 & 0.9210 in extension.

Alternative scenario

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

Comment

As long as 0.9360 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

0.9435

0.9400

0.9360

0.9321 Last

0.9250

0.9210

0.9170

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