USD/CHF may fall 11 - 26 pips

Pivot

0.8485

Our preference

Short positions below 0.8485 with targets at 0.8455 & 0.8440 in extension.

Alternative scenario

Above 0.8485 look for further upside with 0.8500 & 0.8515 as targets.

Comment

As long as the resistance at 0.8485 is not surpassed, the risk of the break below 0.8455 remains high.

Supports and resistances

0.8515

0.8500

0.8485

0.8466 Last

0.8455

0.8440

0.8420

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