(06 September 2019 )USD/TRY Continuation of the rebound.

(06 September 2019 )USD/TRY Continuation of the rebound.

6 September 2019, 09:19
Jiming Huang
0
48

tr
Pivot
 (invalidation): 5.6760
Our preference
Long positions above 5.6760 with targets at 5.7000 & 5.7150 in extension.
Alternative scenario
Below 5.6760 look for further downside with 5.6560 & 5.6390 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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