(15 AUGUST 2019)USD/TRY:Turning down.

(15 AUGUST 2019)USD/TRY:Turning down.

15 August 2019, 09:29
Jiming Huang
0
45

. tr

Pivot
 (invalidation): 5.6180
Our preference
Short positions below 5.6180 with targets at 5.5920 & 5.5720 in extension.
Alternative scenario
Above 5.6180 look for further upside with 5.6350 & 5.6520 as targets.
Comment
The RSI advocates for further downside

(By Swissquote TRADING CENTRAL)

Share it with friends: