EUR/CHF may fall 20 - 35 pips

Pivot

0.9410

Our preference

Short positions below 0.9410 with targets at 0.9375 & 0.9360 in extension.

Alternative scenario

Above 0.9410 look for further upside with 0.9425 & 0.9440 as targets.

Comment

As long as 0.9410 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

0.9440

0.9425

0.9410

0.9395 Last

0.9375

0.9360

0.9345

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