USD/CHF may fall 10 - 25 pips

Pivot

0.8670

Our preference

Short positions below 0.8670 with targets at 0.8645 & 0.8630 in extension.

Alternative scenario

Above 0.8670 look for further upside with 0.8685 & 0.8695 as targets.

Comment

As long as the resistance at 0.8670 is not surpassed, the risk of the break below 0.8645 remains high.

Supports and resistances

0.8695

0.8685

0.8670

0.8655 Last

0.8645

0.8630

0.8615

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