(11 September 2019 )USD/TRY 5.8130 expected.

(11 September 2019 )USD/TRY 5.8130 expected.

11 September 2019, 10:01
Jiming Huang
0
17

tr
Pivot
 (invalidation): 5.7550
Our preference
Long positions above 5.7550 with targets at 5.7880 & 5.8130 in extension.
Alternative scenario
Below 5.7550 look for further downside with 5.7350 & 5.7120 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)

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