(12 November 2019)USD/TRY Under pressure.

(12 November 2019)USD/TRY Under pressure.

12 November 2019, 09:01
Jiming Huang
0
26

tr
Pivot
 (invalidation): 5.7780
Our preference
Short positions below 5.7780 with targets at 5.7630 & 5.7550 in extension.
Alternative scenario
Above 5.7780 look for further upside with 5.7840 & 5.7950 as targets.
Comment
A break below 5.7630 would trigger a drop towards 5.7550

(By Swissquote TRADING CENTRAL)

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