(24 February 2020)USD/TRY Rebound expected.

(24 February 2020)USD/TRY Rebound expected.

24 February 2020, 08:43
Jiming Huang
0
73

tr
Pivot
 (invalidation): 6.0900
Our preference
Long positions above 6.0900 with targets at 6.1150 & 6.1240 in extension.
Alternative scenario
Below 6.0900 look for further downside with 6.0830 & 6.0740 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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