(04 November 2019)USD/TRY The downside prevails.

(04 November 2019)USD/TRY The downside prevails.

4 November 2019, 09:13
Jiming Huang
0
31

tr
Pivot
 (invalidation): 5.7200
Our preference
Short positions below 5.7200 with targets at 5.6790 & 5.6620 in extension.
Alternative scenario
Above 5.7200 look for further upside with 5.7290 & 5.7400 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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