USD/CHF may fall 13 - 28 pips

Pivot

0.9030

Our preference

Short positions below 0.9030 with targets at 0.8995 & 0.8980 in extension.

Alternative scenario

Above 0.9030 look for further upside with 0.9050 & 0.9065 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

0.9065

0.9050

0.9030

0.9008 Last

0.8995

0.8980

0.8950

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