USD/CAD intraday: Turning up
|USD/CHF: Key resistance at 0.9115
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Pivot (invalidation): 0.9115
Our preference
Short positions below 0.9115 with targets at 0.9075 & 0.9060 in extension.
Alternative scenario
Above 0.9115 look for further upside with 0.9140 & 0.9160 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.9115.
USD/CAD: Turning up
Pivot (invalidation): 1.3210
Our preference
Long positions above 1.3210 with targets at 1.3240 & 1.3260 in extension.
Alternative scenario
Below 1.3210 look for further downside with 1.3190 & 1.3175 as targets.
Comment
The RSI is bullish and calls for further upside.
AUD/USD: 0.7115 expected
Pivot (invalidation): 0.7160
Our preference
Short positions below 0.7160 with targets at 0.7130 & 0.7115 in extension.
Alternative scenario
Above 0.7160 look for further upside with 0.7180 & 0.7190 as targets.
Comment
A break below 0.7130 would trigger a drop towards 0.7115.
USD/TRY: The upside prevails
Pivot (invalidation): 7.3180
Our preference
Long positions above 7.3180 with targets at 7.3650 & 7.4000 in extension.
Alternative scenario
Below 7.3180 look for further downside with 7.2790 & 7.2500 as targets.
Comment
The RSI is mixed with a bullish bias.
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