(22 October 2019)USD/TRY Continuation of the rebound.

(22 October 2019)USD/TRY Continuation of the rebound.

22 October 2019, 09:05
Jiming Huang
0
25

tr
Pivot
 (invalidation): 5.8350
Our preference
Long positions above 5.8350 with targets at 5.8670 & 5.8860 in extension.
Alternative scenario
Below 5.8350 look for further downside with 5.8060 & 5.7760 as targets.
Comment
The break above 5.8350 is a positive signal that has opened a path to 5.8670

(By Swissquote TRADING CENTRAL)

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