USD/CHF
The upside prevails.
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Pivot (invalidation): 0.9905
Our preference
Long positions above 0.9905 with targets at 0.9950 & 0.9965 in extension.
Alternative scenario
Below 0.9905 look for further downside with 0.9885 & 0.9865 as targets.
Comment
The break above 0.9905 is a positive signal that has opened a path to 0.9950.
USD/CAD
Continuation of the rebound.
Pivot (invalidation): 1.3155
Our preference
Long positions above 1.3155 with targets at 1.3185 & 1.3205 in extension.
Alternative scenario
Below 1.3155 look for further downside with 1.3135 & 1.3110 as targets.
Comment
The RSI is bullish and calls for further advance.
AUD/USD
Turning down.
Pivot (invalidation): 0.6875
Our preference
Short positions below 0.6875 with targets at 0.6835 & 0.6820 in extension.
Alternative scenario
Above 0.6875 look for further upside with 0.6890 & 0.6900 as targets.
Comment
The RSI calls for a new downleg.
USD/TRY
Watch 5.7810.
Pivot (invalidation): 5.7280
Our preference
Long positions above 5.7280 with targets at 5.7650 & 5.7810 in extension.
Alternative scenario
Below 5.7280 look for further downside with 5.7120 & 5.6920 as targets.
Comment
The RSI lacks downward momentum.