(26 AUGUST 2019) USD/TRY Bullish bias above 5.7800.

(26 AUGUST 2019) USD/TRY Bullish bias above 5.7800.

26 August 2019, 09:20
Jiming Huang
0
52

  tr
Pivot
 (invalidation): 5.7800
Our preference
Long positions above 5.7800 with targets at 5.8350 & 5.8650 in extension.
Alternative scenario
Below 5.7800 look for further downside with 5.7400 & 5.7010 as targets.
Comment
The RSI is mixed to bull

(By Swissquote TRADING CENTRAL)

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