USD/CHF may fall 15 - 35 pips

Pivot

0.8640

Our preference

Short positions below 0.8640 with targets at 0.8610 & 0.8590 in extension.

Alternative scenario

Above 0.8640 look for further upside with 0.8660 & 0.8680 as targets.

Comment

The break below 0.8640 is a negative signal that has opened a path to 0.8610.

Supports and resistances

0.8680

0.8660

0.8640

0.8625 Last

0.8610

0.8590

0.8570

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