(29 AUGUST 2019)USD/TRY Bullish bias above 5.7880.

(29 AUGUST 2019)USD/TRY Bullish bias above 5.7880.

29 August 2019, 09:04
Jiming Huang
0
25

  tr

Pivot
 (invalidation): 5.7880
Our preference
Long positions above 5.7880 with targets at 5.8510 & 5.9000 in extension.
Alternative scenario
Below 5.7880 look for further downside with 5.7400 & 5.7020 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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