EUR/CHF may fall 35 - 65 pips

Pivot

0.9430

Our preference

Short positions below 0.9430 with targets at 0.9355 & 0.9325 in extension.

Alternative scenario

Above 0.9430 look for further upside with 0.9450 & 0.9470 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

0.9470

0.9450

0.9430

0.9390 Last

0.9355

0.9325

0.9285

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