(22 AUGUST 2019)USD/TRY Bullish bias above 5.7010.

(22 AUGUST 2019)USD/TRY Bullish bias above 5.7010.

22 August 2019, 09:15
Jiming Huang
0
38

  TR
Pivot
 (invalidation): 5.7010
Our preference
Long positions above 5.7010 with targets at 5.7440 & 5.7670 in extension.
Alternative scenario
Below 5.7010 look for further downside with 5.6700 & 5.6380 as targets.
Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)

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