USD/CHF may fall 22 - 42 pips

Pivot

0.8515

Our preference

Short positions below 0.8515 with targets at 0.8465 & 0.8445 in extension.

Alternative scenario

Above 0.8515 look for further upside with 0.8535 & 0.8550 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

0.8550

0.8535

0.8515

0.8487 Last

0.8465

0.8445

0.8420

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