(25 JUNE 2019)USD/TRY:Continuation of the rebound.

(25 JUNE 2019)USD/TRY:Continuation of the rebound.

25 June 2019, 09:15
Jiming Huang
0
11

tr

Pivot (invalidation): 5.7750

Our preference

Long positions above 5.7750 with targets at 5.8380 & 5.8850 in extension.

Alternative scenario

Below 5.7750 look for further downside with 5.7350 & 5.7000 as targets.

Comment

The break above 5.7750 is a positive signal that has opened a path to 5.8380.

(By Swissquote TRADING CENTRAL)


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