(05 JUNE 2019)USD/TRY:Key resistance at 5.7920.

(05 JUNE 2019)USD/TRY:Key resistance at 5.7920.

5 June 2019, 09:09
Jiming Huang
0
41

tr

Pivot (invalidation): 5.7920

Our preference

Short positions below 5.7920 with targets at 5.7450 & 5.7210 in extension.

Alternative scenario

Above 5.7920 look for further upside with 5.8270 & 5.8590 as targets.

Comment

The upward potential is likely to be limited by the resistance at 5.7920.

(By Swissquote TRADING CENTRAL)


Share it with friends: