(09JULY 2019)USD/TRY:The bias remains bullish.

(09JULY 2019)USD/TRY:The bias remains bullish.

9 July 2019, 09:18
Jiming Huang
0
44

tr

Pivot (invalidation): 5.6990

Our preference

Long positions above 5.6990 with targets at 5.7630 & 5.7860 in extension.

Alternative scenario

Below 5.6990 look for further downside with 5.6640 & 5.6380 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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