USD/CAD intraday: Key resistance at 1.3390

Swissquote Bank Research Team Swissquote Bank Ltd

USD/CHF: Towards 0.9210

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Pivot (invalidation): 0.9260

Our preference
Short positions below 0.9260 with targets at 0.9230 & 0.9210 in extension.

Alternative scenario
Above 0.9260 look for further upside with 0.9280 & 0.9295 as targets.

Comment
A break below 0.9230 would trigger a drop towards 0.9210.

USD/CAD: Key resistance at 1.3390

Pivot (invalidation): 1.3390

Our preference
Short positions below 1.3390 with targets at 1.3355 & 1.3335 in extension.

Alternative scenario
Above 1.3390 look for further upside with 1.3405 & 1.3420 as targets.

Comment
The upward potential is likely to be limited by the resistance at 1.3390.

AUD/USD: Supported by a rising trend line

Pivot (invalidation): 0.7065

Our preference
Long positions above 0.7065 with targets at 0.7095 & 0.7110 in extension.

Alternative scenario
Below 0.7065 look for further downside with 0.7045 & 0.7025 as targets.

Comment
Technically the RSI is above its neutrality area at 50.

USD/TRY: Further advance

Pivot (invalidation): 7.7550

Our preference
Long positions above 7.7550 with targets at 7.8650 & 7.9000 in extension.

Alternative scenario
Below 7.7550 look for further downside with 7.7120 & 7.6510 as targets.

Comment
Technically the RSI is above its neutrality area at 50.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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