(04 JUNE 2019)USD/TRY:Aim @ 5.8000.

(04 JUNE 2019)USD/TRY:Aim @ 5.8000.

4 June 2019, 09:39
Jiming Huang
0
50

tr

Pivot (invalidation): 5.8500

Our preference

Short positions below 5.8500 with targets at 5.8190 & 5.8000 in extension.

Alternative scenario

Above 5.8500 look for further upside with 5.8910 & 5.9200 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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