(25 APRIL 2019)USD/TRY:Further advance.

(25 APRIL 2019)USD/TRY:Further advance.

25 April 2019, 09:26
Jiming Huang
0
38

ter

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.

(By Swissquote TRADING CENTRAL)


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