USD/CAD Intraday: Key resistance at 1.3200
|USD/CHF
0.9800 expected.
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Pivot (invalidation): 0.9745
Our preference
Long positions above 0.9745 with targets at 0.9775 & 0.9800 in extension.
Alternative scenario
Below 0.9745 look for further downside with 0.9720 & 0.9695 as targets.
Comment
The RSI calls for a new upleg.
USD/CAD
Key resistance at 1.3200.
Pivot (invalidation): 1.3200
Our preference
Short positions below 1.3200 with targets at 1.3165 & 1.3145 in extension.
Alternative scenario
Above 1.3200 look for further upside with 1.3215 & 1.3230 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3200.
AUD/USD
Key resistance at 0.6975.
Pivot (invalidation): 0.6975
Our preference
Short positions below 0.6975 with targets at 0.6945 & 0.6925 in extension.
Alternative scenario
Above 0.6975 look for further upside with 0.7000 & 0.7020 as targets.
Comment
As Long as the resistance at 0.6975 is not surpassed, the risk of the break below 0.6945 remains high.
USD/TRY
Further upside.
Pivot (invalidation): 5.7850
Our preference
Long positions above 5.7850 with targets at 5.8300 & 5.8480 in extension.
Alternative scenario
Below 5.7850 look for further downside with 5.7520 & 5.7170 as targets.
Comment
The RSI calls for a new upleg.
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