(03 December 2019)USD/TRY Under pressure.

(03 December 2019)USD/TRY Under pressure.

3 December 2019, 09:23
Jiming Huang
0
26

tr
Pivot
 (invalidation): 5.7500
Our preference
Short positions below 5.7500 with targets at 5.7300 & 5.7180 in extension.
Alternative scenario
Above 5.7500 look for further upside with 5.7640 & 5.7720 as targets.
Comment
As Long as the resistance at 5.7500 is not surpassed, the risk of the break below 5.7300
remains high.

(By Swissquote TRADING CENTRAL)

Share it with friends: