Swissquote Bank Research Team
Swissquote Bank Ltd
USD/CHF
Key resistance at 1.0015.
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Pivot (invalidation): 1.0015
Our preference
Short positions below 1.0015 with targets at 0.9985 & 0.9970 in extension.
Alternative scenario
Above 1.0015 look for further upside with 1.0030 & 1.0040 as targets.
Comment
As Long as the resistance at 1.0015 is not surpassed, the risk of the break below 0.9985 remains high.
USD/CAD
Key resistance at 1.3305.
Pivot (invalidation): 1.3305
Our preference
Short positions below 1.3305 with targets at 1.3260 & 1.3230 in extension.
Alternative scenario
Above 1.3305 look for further upside with 1.3330 & 1.3355 as targets.
Comment
A break below 1.3260 would trigger a drop towards 1.3230.
AUD/USD
Bullish bias above 0.7075.
Pivot (invalidation): 0.7075
Our preference
Long positions above 0.7075 with targets at 0.7120 & 0.7140 in extension.
Alternative scenario
Below 0.7075 look for further downside with 0.7055 & 0.7030 as targets.
Comment
The RSI is mixed to bullish.
USD/TRY
The upside prevails.
Pivot (invalidation): 5.2380
Our preference
Long positions above 5.2380 with targets at 5.2780 & 5.2960 in extension.
Alternative scenario
Below 5.2380 look for further downside with 5.2220 & 5.2060 as targets.
Comment
The RSI is bullish and calls for further advance.
This report has been prepared by Swissquote Bank Ltd and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by Swissquote Bank Ltd personnel at any given time. Swissquote Bank Ltd is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.
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