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

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

16 April 2019, 09:56
Jiming Huang
0
42

tr

Pivot (invalidation): 5.7830

Our preference

Long positions above 5.7830 with targets at 5.8230 & 5.8460 in extension.

Alternative scenario

Below 5.7830 look for further downside with 5.7500 & 5.7290 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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