(19 AUGUST 2019)USD/TRY:Continuation of the rebound.

(19 AUGUST 2019)USD/TRY:Continuation of the rebound.

19 August 2019, 09:19
Jiming Huang
0
41

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Pivot
 (invalidation): 5.5680
Our preference
Long positions above 5.5680 with targets at 5.5950 & 5.6060 in extension.
Alternative scenario
Below 5.5680 look for further downside with 5.5490 & 5.5310 as targets.
Comment
The break above 5.5680 is a positive signal that has opened a path to 5.5950.

(By Swissquote TRADING CENTRAL)

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