(21 November 2019)USD/TRY Under pressure.

(21 November 2019)USD/TRY Under pressure.

21 November 2019, 09:12
Jiming Huang
0
74

tr
Pivot
 (invalidation): 5.7100
Our preference
Short positions below 5.7100 with targets at 5.6880 & 5.6780 in extension.
Alternative scenario
Above 5.7100 look for further upside with 5.7210 & 5.7400 as targets.
Comment
As Long as the resistance at 5.7100 is not surpassed, the risk of the break below 5.6880
remains high.

(By Swissquote TRADING CENTRAL)