EUR/CHF may fall 19 - 34 pips

Pivot

0.9420

Our preference

Short positions below 0.9420 with targets at 0.9380 & 0.9365 in extension.

Alternative scenario

Above 0.9420 look for further upside with 0.9435 & 0.9450 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

0.9450

0.9435

0.9420

0.9399 Last

0.9380

0.9365

0.9350

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