USD/CHF may fall to 0.8550 - 0.8720

Pivot

0.9020

Our preference

Short positions below 0.9020 with targets at 0.8720 & 0.8550 in extension.

Alternative scenario

Above 0.9020 look for further upside with 0.9160 & 0.9240 as targets.

Comment

The break below 0.9020 is a negative signal that has opened a path to 0.8720.

Supports and resistances

0.9240

0.9160

0.9020

0.8914 Last

0.8720

0.8550

0.8330

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