EUR/CHF may fall 19 - 39 pips

Pivot

0.9740

Our preference

Short positions below 0.9740 with targets at 0.9690 & 0.9670 in extension.

Alternative scenario

Above 0.9740 look for further upside with 0.9770 & 0.9800 as targets.

Comment

The break below 0.9740 is a negative signal that has opened a path to 0.9690.

Supports and resistances

0.9800

0.9770

0.9740

0.9709 Last

0.9690

0.9670

0.9650

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