EUR/CHF may fall 33 - 63 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 advocates for further decline.

Supports and resistances

0.9470

0.9450

0.9430

0.9388 Last

0.9355

0.9325

0.9285

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