(25 February 2020)USD/TRY Rebound expected.

(25 February 2020)USD/TRY Rebound expected.

25 February 2020, 09:31
Jiming Huang
0
73

tr
Pivot
 (invalidation): 6.1060
Our preference
Long positions above 6.1060 with targets at 6.1270 & 6.1400 in extension.
Alternative scenario
Below 6.1060 look for further downside with 6.0910 & 6.0830 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)