(15 November 2019)USD/TRY Under pressure.

(15 November 2019)USD/TRY Under pressure.

15 November 2019, 09:05
Jiming Huang
0
57

tr
Pivot
 (invalidation): 5.7650
Our preference
Short positions below 5.7650 with targets at 5.7400 & 5.7290 in extension.
Alternative scenario
Above 5.7650 look for further upside with 5.7780 & 5.7870 as targets.
Comment
As Long as the resistance at 5.7650 is not surpassed, the risk of the break below 5.7400
remains high.

(By Swissquote TRADING CENTRAL)