(21 January 2020)USD/TRY Further upside.

(21 January 2020)USD/TRY Further upside.

21 January 2020, 09:27
Jiming Huang
0
20

tr
Pivot
 (invalidation): 5.9070
Our preference
Long positions above 5.9070 with targets at 5.9300 & 5.9450 in extension.
Alternative scenario
Below 5.9070 look for further downside with 5.8960 & 5.8810 as targets.
Comment
The break above 5.9070 is a positive signal that has opened a path to 5.9300

(By Swissquote TRADING CENTRAL)

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