USD/CHF may fall 20 - 40 pips

Pivot

0.8685

Our preference

Short positions below 0.8685 with targets at 0.8630 & 0.8610 in extension.

Alternative scenario

Above 0.8685 look for further upside with 0.8710 & 0.8730 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

0.8730

0.8710

0.8685

0.8650 Last

0.8630

0.8610

0.8590

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