(16 December 2019)USD/TRY The upside prevails.

(16 December 2019)USD/TRY The upside prevails.

16 December 2019, 09:01
Jiming Huang
0
54

tr
Pivot
 (invalidation): 5.7960
Our preference
Long positions above 5.7960 with targets at 5.8250 & 5.8400 in extension.
Alternative scenario
Below 5.7960 look for further downside with 5.7650 & 5.7430 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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