(23 JULY 2019)USD/TRY:Turning down.

(23 JULY 2019)USD/TRY:Turning down.

23 July 2019, 09:25
Jiming Huang
0
44

tr

Pivot (invalidation): 5.6900

Our preference

Short positions below 5.6900 with targets at 5.6600 & 5.6310 in extension.

Alternative scenario

Above 5.6900 look for further upside with 5.7070 & 5.7240 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)


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