USD/CHF may fall 38 - 63 pips

Pivot

0.8575

Our preference

Short positions below 0.8575 with targets at 0.8515 & 0.8490 in extension.

Alternative scenario

Above 0.8575 look for further upside with 0.8600 & 0.8625 as targets.

Comment

A break below 0.8515 would trigger a drop towards 0.8490.

Supports and resistances

0.8625

0.8600

0.8575

0.8553 Last

0.8515

0.8490

0.8460

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