EUR/CHF may fall 12 - 27 pips

Pivot

0.9430

Our preference

Short positions below 0.9430 with targets at 0.9400 & 0.9385 in extension.

Alternative scenario

Above 0.9430 look for further upside with 0.9450 & 0.9470 as targets.

Comment

A break below 0.9400 would trigger a drop towards 0.9385.

Supports and resistances

0.9470

0.9450

0.9430

0.9412 Last

0.9400

0.9385

0.9370

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