USD/CHF may fall 13 - 33 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

As long as the resistance at 0.8515 is not surpassed, the risk of the break below 0.8465 remains high.

Supports and resistances

0.8550

0.8535

0.8515

0.8478 Last

0.8465

0.8445

0.8420

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