(23 January 2020)USD/TRY Turning down.

(23 January 2020)USD/TRY Turning down.

23 January 2020, 09:09
Jiming Huang
0
59

tr
Pivot
 (invalidation): 5.9320
Our preference
Short positions below 5.9320 with targets at 5.9100 & 5.8960 in extension.
Alternative scenario
Above 5.9320 look for further upside with 5.9450 & 5.9600 as targets.
Comment
A break below 5.9100 would trigger a drop towards 5.8960.

(By Swissquote TRADING CENTRAL)

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