(01 JULY 2019)USD/TRY:The downside prevails.

(01 JULY 2019)USD/TRY:The downside prevails.

1 July 2019, 09:21
Jiming Huang
0
44

tr

Pivot (invalidation): 5.7750

Our preference

Short positions below 5.7750 with targets at 5.7260 & 5.7000 in extension.

Alternative scenario

Above 5.7750 look for further upside with 5.8000 & 5.8260 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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