USD/CHF may fall to 0.8120 - 0.8331

Pivot

0.8750

Our preference

Short positions below 0.8750 with targets at 0.8331 & 0.8120 in extension.

Alternative scenario

Above 0.8750 look for further upside with 0.8870 & 0.9040 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

0.9040

0.8870

0.8750

0.8443 Last

0.8331

0.8120

0.8000

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