USD/CHF may fall to 0.8000 - 0.8331

Pivot

0.9200

Our preference

Short positions below 0.9200 with targets at 0.8331 & 0.8000 in extension.

Alternative scenario

Above 0.9200 look for further upside with 0.9400 & 1.0050 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

1.0050

0.9400

0.9200

0.8428 Last

0.8331

0.8000

0.7500

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