(24 JULY 2019)USD/TRY:Target 5.7540.

(24 JULY 2019)USD/TRY:Target 5.7540.

24 July 2019, 09:24
Jiming Huang
0
34

tr

Pivot (invalidation): 5.7000

Our preference

Long positions above 5.7000 with targets at 5.7400 & 5.7540 in extension.

Alternative scenario

Below 5.7000 look for further downside with 5.6770 & 5.6600 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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