USD/CHF may fall 18 - 33 pips

Pivot

0.8960

Our preference

Short positions below 0.8960 with targets at 0.8935 & 0.8920 in extension.

Alternative scenario

Above 0.8960 look for further upside with 0.8975 & 0.8990 as targets.

Comment

The upward potential is likely to be limited by the resistance at 0.8960.

Supports and resistances

0.8990

0.8975

0.8960

0.8953 Last

0.8935

0.8920

0.8900

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