USD/CHF may fall to 0.8330 - 0.8430

Pivot

0.8920

Our preference

Short positions below 0.8920 with targets at 0.8430 & 0.8330 in extension.

Alternative scenario

Above 0.8920 look for further upside with 0.9050 & 0.9155 as targets.

Comment

The RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances

0.9155

0.9050

0.8920

0.8558 Last

0.8430

0.8330

0.8000

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