(05 APRIL 2019)USD/TRY:Continuation of the rebound.

(05 APRIL 2019)USD/TRY:Continuation of the rebound.

5 April 2019, 09:57
Jiming Huang
0
50

tr

Pivot (invalidation): 5.5830

Our preference

Long positions above 5.5830 with targets at 5.6310 & 5.6600 in extension.

Alternative scenario

Below 5.5830 look for further downside with 5.5540 & 5.5270 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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