USD/CHF may fall to 0.8330 - 0.8430

Pivot

0.8945

Our preference

Short positions below 0.8945 with targets at 0.8430 & 0.8330 in extension.

Alternative scenario

Above 0.8945 look for further upside with 0.9050 & 0.9155 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

0.9155

0.9050

0.8945

0.8647 Last

0.8430

0.8330

0.8000

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