USD/CAD Intraday: 1.3235 expected
|USD/CHF
Further advance.
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Pivot (invalidation): 0.9915
Our preference
Long positions above 0.9915 with targets at 0.9950 & 0.9965 in extension.
Alternative scenario
Below 0.9915 look for further downside with 0.9905 & 0.9895 as targets.
Comment
The RSI is bullish and calls for further advance.
USD/CAD
1.3235 expected.
Pivot (invalidation): 1.3295
Our preference
Short positions below 1.3295 with targets at 1.3265 & 1.3235 in extension.
Alternative scenario
Above 1.3295 look for further upside with 1.3325 & 1.3345 as targets.
Comment
A break below 1.3265 would trigger a drop towards 1.3235.
AUD/USD
Watch 0.6770.
Pivot (invalidation): 0.6800
Our preference
Short positions below 0.6800 with targets at 0.6780 & 0.6770 in extension.
Alternative scenario
Above 0.6800 look for further upside with 0.6810 & 0.6820 as targets.
Comment
A break below 0.6780 would trigger a drop towards 0.6770.
USD/TRY
Under pressure.
Pivot (invalidation): 5.7040
Our preference
Short positions below 5.7040 with targets at 5.6880 & 5.6780 in extension.
Alternative scenario
Above 5.7040 look for further upside with 5.7120 & 5.7210 as targets.
Comment
A break below 5.6880 would trigger a drop towards 5.6780.
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