EUR/CHF may fall 11 - 26 pips

Pivot

0.9560

Our preference

Short positions below 0.9560 with targets at 0.9530 & 0.9515 in extension.

Alternative scenario

Above 0.9560 look for further upside with 0.9580 & 0.9600 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.9600

0.9580

0.9560

0.9541 Last

0.9530

0.9515

0.9490

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