(15 January 2020)USD/TRY The bias remains bullish.

(15 January 2020)USD/TRY The bias remains bullish.

15 January 2020, 09:02
Jiming Huang
0
20

tr
Pivot
 (invalidation): 5.8740
Our preference
Long positions above 5.8740 with targets at 5.8930 & 5.9010 in extension.
Alternative scenario
Below 5.8740 look for further downside with 5.8600 & 5.8450 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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