USD/CHF may fall 11 - 26 pips

Pivot

0.8675

Our preference

Short positions below 0.8675 with targets at 0.8645 & 0.8630 in extension.

Alternative scenario

Above 0.8675 look for further upside with 0.8685 & 0.8695 as targets.

Comment

The immediate trend remains down and the momentum is strong.

Supports and resistances

0.8695

0.8685

0.8675

0.8656 Last

0.8645

0.8630

0.8615

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