EUR/CHF may fall 15 - 35 pips

Pivot

0.9480

Our preference

Short positions below 0.9480 with targets at 0.9440 & 0.9420 in extension.

Alternative scenario

Above 0.9480 look for further upside with 0.9498 & 0.9515 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

0.9515

0.9498

0.9480

0.9455 Last

0.9440

0.9420

0.9412

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