(07 January 2020)USD/TRY Turning down.

(07 January 2020)USD/TRY Turning down.

7 January 2020, 09:07
Jiming Huang
0
24

tr
Pivot
 (invalidation): 5.9770
Our preference
Short positions below 5.9770 with targets at 5.9600 & 5.9490 in extension.
Alternative scenario
Above 5.9770 look for further upside with 5.9840 & 5.9900 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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