(10 APRIL 2019)USD/TRY:The bias remains bullish.

(10 APRIL 2019)USD/TRY:The bias remains bullish.

10 April 2019, 09:51
Jiming Huang
0
49

tr

Pivot (invalidation): 5.6750

Our preference

Long positions above 5.6750 with targets at 5.7000 & 5.7170 in extension.

Alternative scenario

Below 5.6750 look for further downside with 5.6520 & 5.6280 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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