(20 MARCH 2019)USD/TRY:Further upside.

(20 MARCH 2019)USD/TRY:Further upside.

20 March 2019, 09:22
Jiming Huang
0
47

try

Pivot (invalidation): 5.4690

Our preference

Long positions above 5.4690 with targets at 5.4820 & 5.4890 in extension.

Alternative scenario

Below 5.4690 look for further downside with 5.4580 & 5.4505 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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