USD/CHF may fall 18 - 28 pips

Pivot

0.8900

Our preference

Short positions below 0.8900 with targets at 0.8860 & 0.8850 in extension.

Alternative scenario

Above 0.8900 look for further upside with 0.8915 & 0.8930 as targets.

Comment

The break below 0.8900 is a negative signal that has opened a path to 0.8860.

Supports and resistances

0.8930

0.8915

0.8900

0.8878 Last

0.8860

0.8850

0.8830

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