AUD/USD Intraday: Bullish bias above 0.6880
|USD/CHF
Expect 0.9860.
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Pivot (invalidation): 0.9930
Our preference
Short positions below 0.9930 with targets at 0.9890 & 0.9860 in extension.
Alternative scenario
Above 0.9930 look for further upside with 0.9960 & 0.9990 as targets.
Comment
The RSI has broken down its 30 level.
USD/CAD
Target 1.3200.
Pivot (invalidation): 1.3275
Our preference
Short positions below 1.3275 with targets at 1.3220 & 1.3200 in extension.
Alternative scenario
Above 1.3275 look for further upside with 1.3310 & 1.3345 as targets.
Comment
The RSI has broken down its 30 level.
AUD/USD
Bullish bias above 0.6880.
Pivot (invalidation): 0.6880
Our preference
Long positions above 0.6880 with targets at 0.6905 & 0.6915 in extension.
Alternative scenario
Below 0.6880 look for further downside with 0.6865 & 0.6855 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
USD/TRY
5.7500 expected.
Pivot (invalidation): 5.8200
Our preference
Short positions below 5.8200 with targets at 5.7730 & 5.7500 in extension.
Alternative scenario
Above 5.8200 look for further upside with 5.8520 & 5.8800 as targets.
Comment
The RSI is bearish and calls for further decline.
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