EUR/CHF may fall 5 - 30 pips

Pivot

0.9545

Our preference

Short positions below 0.9545 with targets at 0.9505 & 0.9480 in extension.

Alternative scenario

Above 0.9545 look for further upside with 0.9565 & 0.9585 as targets.

Comment

As long as the resistance at 0.9545 is not surpassed, the risk of the break below 0.9505 remains high.

Supports and resistances

0.9585

0.9565

0.9545

0.9510 Last

0.9505

0.9480

0.9450

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