(28 October 2019)USD/TRY Bullish bias above 5.7500.

(28 October 2019)USD/TRY Bullish bias above 5.7500.

28 October 2019, 09:37
Jiming Huang
0
56

tr
Pivot
 (invalidation): 5.7500
Our preference
Long positions above 5.7500 with targets at 5.7900 & 5.8100 in extension.
Alternative scenario
Below 5.7500 look for further downside with 5.7350 & 5.7220 as targets.
Comment
The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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