(20 January 2020)USD/TRY Continuation of the rebound.

(20 January 2020)USD/TRY Continuation of the rebound.

20 January 2020, 09:06
Jiming Huang
0
20

tr
Pivot
 (invalidation): 5.8840
Our preference
Long positions above 5.8840 with targets at 5.9000 & 5.9120 in extension.
Alternative scenario
Below 5.8840 look for further downside with 5.8730 & 5.8600 as targets.
Comment
The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)

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