USDCHF Levels: Caution
|USD/CHF
Caution.
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Pivot (invalidation): 0.9925
Our preference
Long positions above 0.9925 with targets at 0.9960 & 0.9975 in extension.
Alternative scenario
Below 0.9925 look for further downside with 0.9910 & 0.9895 as targets.
Comment
Intraday technical indicators are mixed and call for caution.
USD/CAD
1.3170 in sight.
Pivot (invalidation): 1.3120
Our preference
Long positions above 1.3120 with targets at 1.3170 & 1.3200 in extension.
Alternative scenario
Below 1.3120 look for further downside with 1.3070 & 1.3035 as targets.
Comment
The RSI lacks downward momentum.
AUD/USD
The downside prevails.
Pivot (invalidation): 0.7305
Our preference
Short positions below 0.7305 with targets at 0.7250 & 0.7225 in extension.
Alternative scenario
Above 0.7305 look for further upside with 0.7325 & 0.7360 as targets.
Comment
The RSI lacks upward momentum.
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