(19 November 2019)USD/TRY Key resistance at 5.7500.

(19 November 2019)USD/TRY Key resistance at 5.7500.

19 November 2019, 09:09
Jiming Huang
0
97

tr
Pivot
 (invalidation): 5.7500
Our preference
Short positions below 5.7500 with targets at 5.7210 & 5.7120 in extension.
Alternative scenario
Above 5.7500 look for further upside with 5.7610 & 5.7700 as targets.
Comment
As Long as 5.7500 is resistance, likely decline to 5.7210.

(By Swissquote TRADING CENTRAL)

Share it with friends: