EUR/CHF may fall 16 - 31 pips

Pivot

0.9425

Our preference

Short positions below 0.9425 with targets at 0.9390 & 0.9375 in extension.

Alternative scenario

Above 0.9425 look for further upside with 0.9440 & 0.9455 as targets.

Comment

A break below 0.9390 would trigger a drop towards 0.9375.

Supports and resistances

0.9455

0.9440

0.9425

0.9406 Last

0.9390

0.9375

0.9360

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