EUR/CHF may fall to 0.9460 - 0.9565

Pivot

0.9800

Our preference

Short positions below 0.9800 with targets at 0.9565 & 0.9460 in extension.

Alternative scenario

Above 0.9800 look for further upside with 0.9930 & 1.0000 as targets.

Comment

The break below 0.9800 is a negative signal that has opened a path to 0.9565.

Supports and resistances

1.0000

0.9930

0.9800

0.9671 Last

0.9565

0.9460

0.9310

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