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

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

17 December 2019, 09:08
Jiming Huang
0
56

tr
Pivot
 (invalidation): 5.8350
Our preference
Long positions above 5.8350 with targets at 5.8580 & 5.8710 in extension.
Alternative scenario
Below 5.8350 look for further downside with 5.8250 & 5.8100 as targets.
Comment
The break above 5.8350 is a positive signal that has opened a path to 5.8580.

(By Swissquote TRADING CENTRAL)


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