(07 November 2019)USD/TRY Bullish bias above 5.7390.

(07 November 2019)USD/TRY Bullish bias above 5.7390.

7 November 2019, 09:22
Jiming Huang
0
25

tr
Pivot
 (invalidation): 5.7390
Our preference
Long positions above 5.7390 with targets at 5.7700 & 5.7900 in extension.
Alternative scenario
Below 5.7390 look for further downside with 5.7250 & 5.7090 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)

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