(30 December 2019)USD/TRY Bullish bias above 5.9420.

(30 December 2019)USD/TRY Bullish bias above 5.9420.

30 December 2019, 09:34
Jiming Huang
0
87


Pivot
 (invalidation): 5.9420
Our preference
Long positions above 5.9420 with targets at 5.9600 & 5.9710 in extension.
Alternative scenario
Below 5.9420 look for further downside with 5.9330 & 5.9210 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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