EUR/CHF may fall 5 - 25 pips

Pivot

0.9395

Our preference

Short positions below 0.9395 with targets at 0.9370 & 0.9350 in extension.

Alternative scenario

Above 0.9395 look for further upside with 0.9405 & 0.9410 as targets.

Comment

As long as the resistance at 0.9395 is not surpassed, the risk of the break below 0.9370 remains high.

Supports and resistances

0.9410

0.9405

0.9395

0.9375 Last

0.9370

0.9350

0.9330

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