(18 APRIL 2019)USD/TRY:Rebound expected.

(18 APRIL 2019)USD/TRY:Rebound expected.

18 April 2019, 09:47
Jiming Huang
0
48

tr

Pivot (invalidation): 5.7420

Our preference

Long positions above 5.7420 with targets at 5.7730 & 5.7950 in extension.

Alternative scenario

Below 5.7420 look for further downside with 5.7100 & 5.6750 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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