(10 JULY 2019)USD/TRY:Intraday support around 5.6930.

Pivot (invalidation): 5.6930

Our preference

Long positions above 5.6930 with targets at 5.7500 & 5.7860 in extension.

Alternative scenario

Below 5.6930 look for further downside with 5.6740 & 5.6470 as targets.

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)