(22 JULY 2019)USD/TRY:Turning up.

(22 JULY 2019)USD/TRY:Turning up.

22 July 2019, 09:09
Jiming Huang
0
45

tr

Pivot (invalidation): 5.6310

Our preference

Long positions above 5.6310 with targets at 5.6850 & 5.7090 in extension.

Alternative scenario

Below 5.6310 look for further downside with 5.5970 & 5.5620 as targets.

Comment

The break above 5.6310 is a positive signal that has opened a path to 5.6850

(By Swissquote TRADING CENTRAL)

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