EUR/CHF may fall 15 - 30 pips

Pivot

0.9400

Our preference

Short positions below 0.9400 with targets at 0.9375 & 0.9360 in extension.

Alternative scenario

Above 0.9400 look for further upside with 0.9410 & 0.9425 as targets.

Comment

As long as the resistance at 0.9400 is not surpassed, the risk of the break below 0.9375 remains high.

Supports and resistances

0.9425

0.9410

0.9400

0.9390 Last

0.9375

0.9360

0.9345

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