(07 JUNE 2019)USD/TRY:Look for 5.8260.

(07 JUNE 2019)USD/TRY:Look for 5.8260.

7 June 2019, 09:47
Jiming Huang
0
50

tr

Pivot (invalidation): 5.7670

Our preference

Long positions above 5.7670 with targets at 5.8050 & 5.8260 in extension.

Alternative scenario

Below 5.7670 look for further downside with 5.7390 & 5.7100 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

Share it with friends: