AUD/USD levels: The upside prevails
|USD/CHF
Target 0.9895.
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Pivot (invalidation): 0.9935
Our preference Short positions below 0.9935 with targets at 0.9895 & 0.9870 in extension.
Alternative scenario
Above 0.9935 look for further upside with 0.9960 & 0.9985 as targets.
Comment
A break below 0.9895 would trigger a drop towards 0.9870.
USD/CAD
Turning down.
Pivot (invalidation): 1.3330
Our preference Short positions below 1.3330 with targets at 1.3265 & 1.3235 in extension.
Alternative scenario
Above 1.3330 look for further upside with 1.3365 & 1.3400 as targets.
Comment
The RSI lacks upward momentum.
AUD/USD
The upside prevails.
Pivot (invalidation): 0.7370
Our preference Long positions above 0.7370 with targets at 0.7410 & 0.7425 in extension.
Alternative scenario
Below 0.7370 look for further downside with 0.7345 & 0.7325 as targets.
Comment
The RSI is bullish and calls for further upside.
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