EUR/CHF may fall 24 - 39 pips

Pivot

0.9910

Our preference

Short positions below 0.9910 with targets at 0.9880 & 0.9865 in extension.

Alternative scenario

Above 0.9910 look for further upside with 0.9920 & 0.9930 as targets.

Comment

As long as the resistance at 0.9910 is not surpassed, the risk of the break below 0.9880 remains high.

Supports and resistances

0.9930

0.9920

0.9910

0.9904 Last

0.9880

0.9865

0.9850

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