USD/CHF may fall to 0.8330 - 0.8430

Pivot

0.8960

Our preference

Short positions below 0.8960 with targets at 0.8430 & 0.8330 in extension.

Alternative scenario

Above 0.8960 look for further upside with 0.9050 & 0.9155 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.9155

0.9050

0.8960

0.8558 Last

0.8430

0.8330

0.8000

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