EUR/CHF may fall 22 - 42 pips

Pivot

0.9565

Our preference

Short positions below 0.9565 with targets at 0.9515 & 0.9495 in extension.

Alternative scenario

Above 0.9565 look for further upside with 0.9580 & 0.9600 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

0.9600

0.9580

0.9565

0.9537 Last

0.9515

0.9495

0.9480

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