USDCHF Levels: Target 0.9975
|USD/CHF
Target 0.9975.
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Pivot (invalidation): 0.9930
Our preference
Long positions above 0.9930 with targets at 0.9975 & 0.9995 in extension.
Alternative scenario
Below 0.9930 look for further downside with 0.9915 & 0.9895 as targets.
Comment
The RSI calls for a new upleg.
USD/CAD
Key resistance at 1.3090.
Pivot (invalidation): 1.3090
Our preference
Short positions below 1.3090 with targets at 1.3040 & 1.3015 in extension.
Alternative scenario
Above 1.3090 look for further upside with 1.3120 & 1.3150 as targets.
Comment
As Long as the resistance at 1.3090 is not surpassed, the risk of the break below 1.3040 remains high.
AUD/USD
The downside prevails.
Pivot (invalidation): 0.7250
Our preference
Short positions below 0.7250 with targets at 0.7180 & 0.7160 in extension.
Alternative scenario
Above 0.7250 look for further upside with 0.7290 & 0.7325 as targets.
Comment
The RSI has broken down its 30 level.
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