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

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

4 July 2019, 09:37
Jiming Huang
0
49

tr

Pivot (invalidation): 5.6450

Our preference

Short positions below 5.6450 with targets at 5.5940 & 5.5770 in extension.

Alternative scenario

Above 5.6450 look for further upside with 5.6650 & 5.7000 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)


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