(18 December 2019)USD/TRY Further upside.

(18 December 2019)USD/TRY Further upside.

18 December 2019, 09:16
Jiming Huang
0
74

tr
Pivot
 (invalidation): 5.8660
Our preference
Long positions above 5.8660 with targets at 5.9000 & 5.9120 in extension.
Alternative scenario
Below 5.8660 look for further downside with 5.8450 & 5.8250 as targets.
Comment
The break above 5.8660 is a positive signal that has opened a path to 5.9000.

(By Swissquote TRADING CENTRAL)

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