(12 December 2019)USD/TRY Turning down.

(12 December 2019)USD/TRY Turning down.

12 December 2019, 09:18
Jiming Huang
0
27

TR
Pivot
 (invalidation): 5.8180
Our preference
Short positions below 5.8180 with targets at 5.7890 & 5.7680 in extension.
Alternative scenario
Above 5.8180 look for further upside with 5.8330 & 5.8490 as targets.
Comment
A break below 5.7890 would trigger a drop towards 5.7680

(By Swissquote TRADING CENTRAL)

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