USD/CHF may fall 11 - 26 pips

Pivot

0.9095

Our preference

Short positions below 0.9095 with targets at 0.9055 & 0.9040 in extension.

Alternative scenario

Above 0.9095 look for further upside with 0.9115 & 0.9130 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.9130

0.9115

0.9095

0.9066 Last

0.9055

0.9040

0.9020

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