AUD/USD Intraday: Further upside
|USD/CHF
The downside prevails.
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Pivot (invalidation): 0.9885
Our preference
Short positions below 0.9885 with targets at 0.9830 & 0.9810 in extension.
Alternative scenario
Above 0.9885 look for further upside with 0.9900 & 0.9925 as targets.
Comment
The RSI has broken down its 30 level.
USD/CAD
Watch 1.3000.
Pivot (invalidation): 1.3080
Our preference
Short positions below 1.3080 with targets at 1.3030 & 1.3000 in extension.
Alternative scenario
Above 1.3080 look for further upside with 1.3100 & 1.3115 as targets.
Comment
The RSI advocates for further downside.
AUD/USD
Further upside.
Pivot (invalidation): 0.6945
Our preference
Long positions above 0.6945 with targets at 0.6990 & 0.7010 in extension.
Alternative scenario
Below 0.6945 look for further downside with 0.6930 & 0.6915 as targets.
Comment
The RSI advocates for further advance.
USD/TRY
Under pressure.
Pivot (invalidation): 5.7070
Our preference
Short positions below 5.7070 with targets at 5.6460 & 5.6270 in extension.
Alternative scenario
Above 5.7070 look for further upside with 5.7300 & 5.7580 as targets.
Comment
The RSI is bearish and calls for further downside.
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