USD/CHF may fall 22 - 42 pips

Pivot

0.8540

Our preference

Short positions below 0.8540 with targets at 0.8490 & 0.8470 in extension.

Alternative scenario

Above 0.8540 look for further upside with 0.8560 & 0.8580 as targets.

Comment

A break below 0.8490 would trigger a drop towards 0.8470.

Supports and resistances

0.8580

0.8560

0.8540

0.8512 Last

0.8490

0.8470

0.8440

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