(13 January 2020)USD/TRY Watch 5.8390.

(13 January 2020)USD/TRY Watch 5.8390.

13 January 2020, 09:13
Jiming Huang
0
74

tr
Pivot
 (invalidation): 5.8800
Our preference
Short positions below 5.8800 with targets at 5.8570 & 5.8390 in extension.
Alternative scenario
Above 5.8800 look for further upside with 5.8950 & 5.9100 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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