(23 APRIL 2019)USD/TRY:Expect 5.7850.

(23 APRIL 2019)USD/TRY:Expect 5.7850.

23 April 2019, 09:41
Jiming Huang
0
57

tr

Pivot (invalidation): 5.8460

Our preference

Short positions below 5.8460 with targets at 5.8020 & 5.7850 in extension.

Alternative scenario

Above 5.8460 look for further upside with 5.8620 & 5.8860 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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