USD/CHF may fall 19 - 39 pips

Pivot

0.8915

Our preference

Short positions below 0.8915 with targets at 0.8875 & 0.8855 in extension.

Alternative scenario

Above 0.8915 look for further upside with 0.8930 & 0.8945 as targets.

Comment

The break below 0.8915 is a negative signal that has opened a path to 0.8875.

Supports and resistances

0.8945

0.8930

0.8915

0.8894 Last

0.8875

0.8855

0.8835

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