(31 JULY 2019)USD/TRY:Aim @ 5.5150.

(31 JULY 2019)USD/TRY:Aim @ 5.5150.

31 July 2019, 09:00
Jiming Huang
0
51

tr

Pivot (invalidation): 5.5880

Our preference

Short positions below 5.5880 with targets at 5.5450 & 5.5150 in extension.

Alternative scenario

Above 5.5880 look for further upside with 5.6200 & 5.6470 as targets.

Comment

A break below 5.5450 would trigger a drop towards 5.5150.

(By Swissquote TRADING CENTRAL)

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