(24 MAY 2019)USD/TRY:Aim @ 6.1650.

(24 MAY 2019)USD/TRY:Aim @ 6.1650.

24 May 2019, 09:19
Jiming Huang
0
54

tr

Pivot (invalidation): 6.0900

Our preference

Long positions above 6.0900 with targets at 6.1450 & 6.1650 in extension.

Alternative scenario

Below 6.0900 look for further downside with 6.0650 & 6.0420 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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