EUR/CHF may fall 18 - 38 pips

Pivot

0.9560

Our preference

Short positions below 0.9560 with targets at 0.9515 & 0.9495 in extension.

Alternative scenario

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

Comment

The break below 0.9560 is a negative signal that has opened a path to 0.9515.

Supports and resistances

0.9600

0.9580

0.9560

0.9533 Last

0.9515

0.9495

0.9465

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