(18 March 2020)USD/TRY The downside prevails.

(18 March 2020)USD/TRY The downside prevails.

18 March 2020, 08:35
Jiming Huang
0
62

tr
Pivot
 (invalidation): 6.4300
Our preference
Short positions below 6.4300 with targets at 6.3790 & 6.3550 in extension.
Alternative scenario
Above 6.4300 look for further upside with 6.4630 & 6.4940 as targets.
Comment
The RSI lacks upward momentum

(By Swissquote TRADING CENTRAL)

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