AUD/USD Intraday: Key resistance at 0.7030

USD/CHF

Bullish bias above 1.0190.

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Pivot (invalidation): 1.0190

Our preference
Long positions above 1.0190 with targets at 1.0220 & 1.0230 in extension.

Alternative scenario
Below 1.0190 look for further downside with 1.0170 & 1.0150 as targets.

Comment
A support base at 1.0190 has formed and has allowed for a temporary stabilisation.

USD/CAD

The bias remains bullish.

Pivot (invalidation): 1.3460

Our preference
Long positions above 1.3460 with targets at 1.3520 & 1.3540 in extension.

Alternative scenario
Below 1.3460 look for further downside with 1.3430 & 1.3410 as targets.

Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD

Key resistance at 0.7030.

Pivot (invalidation): 0.7030

Our preference
Short positions below 0.7030 with targets at 0.7000 & 0.6970 in extension.

Alternative scenario
Above 0.7030 look for further upside with 0.7050 & 0.7080 as targets.

Comment
The upward potential is likely to be limited by the resistance at 0.7030.

USD/TRY

Further advance.

Pivot (invalidation): 5.8600

Our preference
Long positions above 5.8600 with targets at 5.9100 & 5.9320 in extension.

Alternative scenario
Below 5.8600 look for further downside with 5.8470 & 5.8200 as targets.

Comment
The RSI lacks downward momentum.