(29 MAY 2019)USD/TRY:Continuation of the rebound.

(29 MAY 2019)USD/TRY:Continuation of the rebound.

29 May 2019, 09:27
Jiming Huang
0
37

tr

Pivot (invalidation): 6.0230

Our preference

Long positions above 6.0230 with targets at 6.0540 & 6.0820 in extension.

Alternative scenario

Below 6.0230 look for further downside with 6.0030 & 5.9880 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)


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