(10 January 2020)USD/TRY Under pressure.

(10 January 2020)USD/TRY Under pressure.

10 January 2020, 09:23
Jiming Huang
0
28

tr
Pivot
 (invalidation): 5.8860
Our preference
Short positions below 5.8860 with targets at 5.8570 & 5.8390 in extension.
Alternative scenario
Above 5.8860 look for further upside with 5.9050 & 5.9260 as targets.
Comment
As Long as 5.8860 is resistance, likely decline to 5.8570.

(By Swissquote TRADING CENTRAL)

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