(25 October 2019)USD/TRY Watch 5.7830.

(25 October 2019)USD/TRY Watch 5.7830.

25 October 2019, 08:45
Jiming Huang
0
61

tr
Pivot
 (invalidation): 5.7500
Our preference
Long positions above 5.7500 with targets at 5.7720 & 5.7830 in extension.
Alternative scenario
Below 5.7500 look for further downside with 5.7320 & 5.7200 as targets.
Comment
The break above 5.7500 is a positive signal that has opened a path to 5.7720. The trailing key
support has been raised to 5.7500.

(By Swissquote TRADING CENTRAL)

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