EUR/CHF may fall 31 - 56 pips

Pivot

0.9595

Our preference

Short positions below 0.9595 with targets at 0.9525 & 0.9500 in extension.

Alternative scenario

Above 0.9595 look for further upside with 0.9615 & 0.9635 as targets.

Comment

The break below 0.9595 is a negative signal that has opened a path to 0.9525.

Supports and resistances

0.9635

0.9615

0.9595

0.9556 Last

0.9525

0.9500

0.9480

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