AUD/USD intraday: Turning up
|USD/CHF: The bias remains bullish
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Pivot (invalidation): 0.9140
Our preference
Long positions above 0.9140 with targets at 0.9170 & 0.9185 in extension.
Alternative scenario
Below 0.9140 look for further downside with 0.9125 & 0.9110 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/CAD: The downside prevails
Pivot (invalidation): 1.3360
Our preference
Short positions below 1.3360 with targets at 1.3310 & 1.3295 in extension.
Alternative scenario
Above 1.3360 look for further upside with 1.3380 & 1.3395 as targets.
Comment
As Long as the resistance at 1.3360 is not surpassed, the risk of the break below 1.3310 remains high.
AUD/USD: Turning up
Pivot (invalidation): 0.7145
Our preference
Long positions above 0.7145 with targets at 0.7185 & 0.7210 in extension.
Alternative scenario
Below 0.7145 look for further downside with 0.7125 & 0.7105 as targets.
Comment
The RSI is bullish and calls for further upside.
USD/TRY: The upside prevails
Pivot (invalidation): 7.2400
Our preference
Long positions above 7.2400 with targets at 7.3650 & 7.4360 in extension.
Alternative scenario
Below 7.2400 look for further downside with 7.1750 & 7.1120 as targets.
Comment
The RSI lacks downward momentum.
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