(03 December 2019)USD/TRY Under pressure.

(03 December 2019)USD/TRY Under pressure.

3 December 2019, 09:23
Jiming Huang
0
63

tr
Pivot
 (invalidation): 5.7500
Our preference
Short positions below 5.7500 with targets at 5.7300 & 5.7180 in extension.
Alternative scenario
Above 5.7500 look for further upside with 5.7640 & 5.7720 as targets.
Comment
As Long as the resistance at 5.7500 is not surpassed, the risk of the break below 5.7300
remains high.

(By Swissquote TRADING CENTRAL)