USD/CHF may fall 14 - 39 pips

Pivot

0.9000

Our preference

Short positions below 0.9000 with targets at 0.8945 & 0.8920 in extension.

Alternative scenario

Above 0.9000 look for further upside with 0.9030 & 0.9050 as targets.

Comment

The break below 0.9000 is a negative signal that has opened a path to 0.8945.

Supports and resistances

0.9050

0.9030

0.9000

0.8959 Last

0.8945

0.8920

0.8900

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