(17 September 2019 )USD/TRY Bullish bias above 5.7150.

(17 September 2019 )USD/TRY Bullish bias above 5.7150.

17 September 2019, 09:12
Jiming Huang
0
61

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Pivot
 (invalidation): 5.7150
Our preference
Long positions above 5.7150 with targets at 5.7400 & 5.7620 in extension.
Alternative scenario
Below 5.7150 look for further downside with 5.6950 & 5.6740 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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