(24 January 2020)USD/TRY Under pressure.

(24 January 2020)USD/TRY Under pressure.

24 January 2020, 08:54
Jiming Huang
0
29

tr
Pivot
 (invalidation): 5.9450
Our preference
Short positions below 5.9450 with targets at 5.9190 & 5.9090 in extension.
Alternative scenario
Above 5.9450 look for further upside with 5.9610 & 5.9770 as targets.
Comment
As Long as 5.9450 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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