(11 JULY 2019)USD/TRY:Under pressure.

(11 JULY 2019)USD/TRY:Under pressure.

11 July 2019, 09:06
Jiming Huang
0
45

tr

Pivot (invalidation): 5.7070

Our preference

Short positions below 5.7070 with targets at 5.6460 & 5.6270 in extension.

Alternative scenario

Above 5.7070 look for further upside with 5.7300 & 5.7580 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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