USD/CAD Intraday: bullish bias above 1.3300
|USD/CHF
Towards 0.9830
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Pivot (invalidation): 0.9755
Our preference
Long positions above 0.9755 with targets at 0.9810 & 0.9830 in extension.
Alternative scenario
Below 0.9755 look for further downside with 0.9735 & 0.9720 as targets.
Comment
The RSI calls for a new upleg.
USD/CAD
Bullish bias above 1.3300
Pivot (invalidation): 1.3300
Our preference
Long positions above 1.3300 with targets at 1.3335 & 1.3355 in extension.
Alternative scenario
Below 1.3300 look for further downside with 1.3280 & 1.3265 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
AUD/USD
Turning up
Pivot (invalidation): 0.6770
Our preference
Long positions above 0.6770 with targets at 0.6800 & 0.6815 in extension.
Alternative scenario
Below 0.6770 look for further downside with 0.6760 & 0.6750 as targets.
Comment
The RSI calls for a rebound.
USD/TRY
5.5350 expected
Pivot (invalidation): 5.5790
Our preference
Short positions below 5.5790 with targets at 5.5530 & 5.5350 in extension.
Alternative scenario
Above 5.5790 look for further upside with 5.5990 & 5.6280 as targets.
Comment
A break below 5.5530 would trigger a drop towards 5.5350.
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