EUR/CHF may fall 18 - 28 pips

Pivot

0.9545

Our preference

Short positions below 0.9545 with targets at 0.9505 & 0.9495 in extension.

Alternative scenario

Above 0.9545 look for further upside with 0.9565 & 0.9580 as targets.

Comment

The break below 0.9545 is a negative signal that has opened a path to 0.9505.

Supports and resistances

0.9580

0.9565

0.9545

0.9523 Last

0.9505

0.9495

0.9465

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