(24 JANUARY 2019)USD/TRY:Rebound expected.

(24 JANUARY 2019)USD/TRY:Rebound expected.

24 January 2019, 09:22
Jiming Huang
0
53

try

Pivot (invalidation): 5.2760

Our preference

Long positions above 5.2760 with targets at 5.3140 & 5.3260 in extension.

Alternative scenario

Below 5.2760 look for further downside with 5.2570 & 5.2370 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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