(13 MAY 2019)USD/TRY:Aim @ 5.8680.

(13 MAY 2019)USD/TRY:Aim @ 5.8680.

13 May 2019, 09:21
Jiming Huang
0
52

TR

Pivot (invalidation): 6.0400

Our preference

Short positions below 6.0400 with targets at 5.9390 & 5.8680 in extension.

Alternative scenario

Above 6.0400 look for further upside with 6.0890 & 6.1390 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL)

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