EUR/CHF may fall 23 - 38 pips

Pivot

0.9565

Our preference

Short positions below 0.9565 with targets at 0.9520 & 0.9505 in extension.

Alternative scenario

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

Comment

The RSI shows downside momentum.

Supports and resistances

0.9600

0.9580

0.9565

0.9543 Last

0.9520

0.9505

0.9490

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