(04 February 2020)USD/TRY Bullish bias above 5.9770.

(04 February 2020)USD/TRY Bullish bias above 5.9770.

4 February 2020, 09:01
Jiming Huang
0
26

tr
Pivot
 (invalidation): 5.9770
Our preference
Long positions above 5.9770 with targets at 5.9930 & 6.0000 in extension.
Alternative scenario
Below 5.9770 look for further downside with 5.9695 & 5.9620 as targets.
Comment
A support base at 5.9770 has formed and has allowed for a temporary stabilisati

(By Swissquote TRADING CENTRAL)

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