EUR/CHF may fall 18 - 33 pips

Pivot

0.9355

Our preference

Short positions below 0.9355 with targets at 0.9330 & 0.9315 in extension.

Alternative scenario

Above 0.9355 look for further upside with 0.9365 & 0.9375 as targets.

Comment

As long as the resistance at 0.9355 is not surpassed, the risk of the break below 0.9330 remains high.

Supports and resistances

0.9375

0.9365

0.9355

0.9348 Last

0.9330

0.9315

0.9300

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