(13 December 2019)USD/TRY Look for 5.7430.

(13 December 2019)USD/TRY Look for 5.7430.

13 December 2019, 08:58
Jiming Huang
0
56

tr
Pivot
 (invalidation): 5.7960
Our preference
Short positions below 5.7960 with targets at 5.7650 & 5.7430 in extension.
Alternative scenario
Above 5.7960 look for further upside with 5.8180 & 5.8330 as targets.
Comment
A break below 5.7650 would trigger a drop towards 5.7430.

(By Swissquote TRADING CENTRAL)

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