USD/CHF may fall 10 - 25 pips

Pivot

0.8950

Our preference

Short positions below 0.8950 with targets at 0.8930 & 0.8915 in extension.

Alternative scenario

Above 0.8950 look for further upside with 0.8970 & 0.8985 as targets.

Comment

A break below 0.8930 would trigger a drop towards 0.8915.

Supports and resistances

0.8985

0.8970

0.8950

0.8940 Last

0.8930

0.8915

0.8900

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