(05 AUGUST 2019)USD/TRY:5.6690 expected.

(05 AUGUST 2019)USD/TRY:5.6690 expected.

5 August 2019, 09:11
Jiming Huang
0
41

tr

Pivot (invalidation): 5.5730

Our preference

Long positions above 5.5730 with targets at 5.6450 & 5.6690 in extension.

Alternative scenario

Below 5.5730 look for further downside with 5.5420 & 5.5120 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)


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