USD/CHF may fall 42 - 67 pips.

USD/CHF may fall 42 - 67 pips.

Pivot 0.7850
Our preference : Short positions below 0.7850 with targets at 0.7775 & 0.7750 in extension.

Alternative scenario Above 0.7850 look for further upside with 0.7875 & 0.7900 as targets.

Comment : As long as 0.7850 is resistance, look for choppy price action with a bearish bias.