(26 February 2020)USD/TRY The upside prevails.

(26 February 2020)USD/TRY The upside prevails.

26 February 2020, 08:59
Jiming Huang
0
59

tr
Pivot
 (invalidation): 6.1350
Our preference
Long positions above 6.1350 with targets at 6.1580 & 6.1700 in extension.
Alternative scenario
Below 6.1350 look for further downside with 6.1230 & 6.1120 as targets.
Comment
A support base at 6.1350 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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