EUR/CHF may fall 21 - 36 pips

Pivot

0.9390

Our preference

Short positions below 0.9390 with targets at 0.9345 & 0.9330 in extension.

Alternative scenario

Above 0.9390 look for further upside with 0.9415 & 0.9435 as targets.

Comment

As long as the resistance at 0.9390 is not surpassed, the risk of the break below 0.9345 remains high.

Supports and resistances

0.9435

0.9415

0.9390

0.9366 Last

0.9345

0.9330

0.9315

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