(21 April 2020)USD/TRY Continuation of the rebound.

(21 April 2020)USD/TRY Continuation of the rebound.

21 April 2020, 09:18
Jiming Huang
0
49

tr
Pivot
 (invalidation): 6.9250
Our preference
Long positions above 6.9250 with targets at 6.9570 & 6.9800 in extension.
Alternative scenario
Below 6.9250 look for further downside with 6.9080 & 6.8880 as targets.
Comment
The break above 6.9250 is a positive signal that has opened a path to 6.9570.

(By Swissquote TRADING CENTRAL)

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