USD/CAD Intraday: Further advance
|USD/CHF
Target 0.9900.
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Pivot (invalidation): 0.9945
Our preference
Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension.
Alternative scenario
Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets.
Comment
The RSI advocates for further downside.
USD/CAD
Further advance.
Pivot (invalidation): 1.3315
Our preference
Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension.
Alternative scenario
Below 1.3315 look for further downside with 1.3295 & 1.3270 as targets.
Comment
The RSI is bullish and calls for further advance.
AUD/USD
The downside prevails.
Pivot (invalidation): 0.6920
Our preference
Short positions below 0.6920 with targets at 0.6875 & 0.6850 in extension.
Alternative scenario
Above 0.6920 look for further upside with 0.6935 & 0.6950 as targets.
Comment
The immediate trend remains down and the momentum is strong.
USD/TRY
Further upside.
Pivot (invalidation): 5.8530
Our preference
Long positions above 5.8530 with targets at 5.9060 & 5.9440 in extension.
Alternative scenario
Below 5.8530 look for further downside with 5.8160 & 5.7880 as targets.
Comment
The RSI calls for a new upleg.
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