(20 MAY 2019)USD/TRY:Target 6.0890.

Pivot (invalidation): 6.0390

Our preference

Long positions above 6.0390 with targets at 6.0660 & 6.0890 in extension.

Alternative scenario

Below 6.0390 look for further downside with 6.0180 & 6.0000 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)