(18 November 2019)USD/TRY Rebound expected.

(18 November 2019)USD/TRY Rebound expected.

18 November 2019, 09:05
Jiming Huang
0
73

tr
Pivot
 (invalidation): 5.7350
Our preference
Long positions above 5.7350 with targets at 5.7510 & 5.7610 in extension.
Alternative scenario
Below 5.7350 look for further downside with 5.7260 & 5.7180 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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