(11 February 2020)USD/TRY Bullish bias above 6.0000.

(11 February 2020)USD/TRY Bullish bias above 6.0000.

11 February 2020, 08:57
Jiming Huang
0
66

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Pivot
 (invalidation): 6.0000
Our preference
Long positions above 6.0000 with targets at 6.0250 & 6.0360 in extension.
Alternative scenario
Below 6.0000 look for further downside with 5.9880 & 5.9720 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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