USDCHF Levels: The bias remains bullish
|USD/CHF
The bias remains bullish.
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Pivot (invalidation): 1.0000
Our preference
Long positions above 1.0000 with targets at 1.0030 & 1.0060 in extension.
Alternative scenario
Below 1.0000 look for further downside with 0.9970 & 0.9940 as targets.
Comment
The RSI is mixed with a bullish bias.
USD/CAD
Under pressure.
Pivot (invalidation): 1.3190
Our preference
Short positions below 1.3190 with targets at 1.3135 & 1.3115 in extension.
Alternative scenario
Above 1.3190 look for further upside with 1.3220 & 1.3240 as targets.
Comment
The RSI is capped by a declining trend line.
AUD/USD
Further advance.
Pivot (invalidation): 0.7390
Our preference
Long positions above 0.7390 with targets at 0.7430 & 0.7445 in extension.
Alternative scenario
Below 0.7390 look for further downside with 0.7375 & 0.7360 as targets.
Comment
The RSI is mixed to bullish.
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