EUR/CHF may fall 15 - 25 pips

Pivot

0.9400

Our preference

Short positions below 0.9400 with targets at 0.9370 & 0.9360 in extension.

Alternative scenario

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

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.9425

0.9410

0.9400

0.9385 Last

0.9370

0.9360

0.9345

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