(08 October 2019 )USD/TRY Watch 5.8720.

(08 October 2019 )USD/TRY Watch 5.8720.

8 October 2019, 09:25
Jiming Huang
0
50

tr
Pivot
 (invalidation): 5.8150
Our preference
Long positions above 5.8150 with targets at 5.8500 & 5.8720 in extension.
Alternative scenario
Below 5.8150 look for further downside with 5.7950 & 5.7750 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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