(20 February 2020)USD/TRY Further upside.

(20 February 2020)USD/TRY Further upside.

20 February 2020, 08:58
Jiming Huang
0
20

tr
Pivot
 (invalidation): 6.0700
Our preference
Long positions above 6.0700 with targets at 6.0950 & 6.1030 in extension.
Alternative scenario
Below 6.0700 look for further downside with 6.0600 & 6.0500 as targets.
Comment
The break above 6.0700 is a positive signal that has opened a path to 6.0950.

(By Swissquote TRADING CENTRAL)

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