(17 APRIL 2019)USD/TRY:Under Pressure.

(17 APRIL 2019)USD/TRY:Under Pressure.

17 April 2019, 09:32
Jiming Huang
0
41

tr

Pivot Point (Invalidation): 5,8000

Our preference

Short positions below 5,800 goals and 5,7650 5,7340 in extension.

Alternative scenario

Over 5,8000 seek Greater Upward with 5,8230 Indication and 5,8460 as targets.

Technical Commentary

While Resistance in 5,8000 is not exceeded, the risk of a break below

Corrigendum 5,7650 .1993 remains high.

(By Swissquote TRADING CENTRAL)

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