EUR/CHF may fall 15 - 35 pips

Pivot

0.9615

Our preference

Short positions below 0.9615 with targets at 0.9585 & 0.9565 in extension.

Alternative scenario

Above 0.9615 look for further upside with 0.9635 & 0.9655 as targets.

Comment

As long as 0.9615 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

0.9655

0.9635

0.9615

0.9600 Last

0.9585

0.9565

0.9530

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