Euro / Swiss FrancShort
EUR/CHF may fall 14 - 29 pips
Pivot
0.9685
Our preference
Short positions below 0.9685 with targets at 0.9660 & 0.9645 in extension.
Alternative scenario
Above 0.9685 look for further upside with 0.9705 & 0.9720 as targets.
Comment
As long as 0.9685 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
0.9720
0.9705
0.9685
0.9674 Last
0.9660
0.9645
0.9635
Number of asterisks represents the strength of support and resistance levels.
0.9685
Our preference
Short positions below 0.9685 with targets at 0.9660 & 0.9645 in extension.
Alternative scenario
Above 0.9685 look for further upside with 0.9705 & 0.9720 as targets.
Comment
As long as 0.9685 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
0.9720
0.9705
0.9685
0.9674 Last
0.9660
0.9645
0.9635
Number of asterisks represents the strength of support and resistance levels.
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