(02 MAY 2019)USD/TRY:Continuation of the rebound.

(02 MAY 2019)USD/TRY:Continuation of the rebound.

2 May 2019, 09:19
Jiming Huang
0
40

tr

Pivot (invalidation): 5.9530

Our preference

Long positions above 5.9530 with targets at 5.9800 & 6.0000 in extension.

Alternative scenario

Below 5.9530 look for further downside with 5.9400 & 5.9260 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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