USD/CHF may fall 13 - 38 pips

Pivot

0.8710

Our preference

Short positions below 0.8710 with targets at 0.8670 & 0.8645 in extension.

Alternative scenario

Above 0.8710 look for further upside with 0.8730 & 0.8750 as targets.

Comment

The break below 0.8710 is a negative signal that has opened a path to 0.8670.

Supports and resistances

0.8750

0.8730

0.8710

0.8683 Last

0.8670

0.8645

0.8630

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