(28 February 2020)USD/TRY Expect 6.2500.

(28 February 2020)USD/TRY Expect 6.2500.

28 February 2020, 08:58
Jiming Huang
0
72

tr
Pivot
 (invalidation): 6.1870
Our preference
Long positions above 6.1870 with targets at 6.2260 & 6.2500 in extension.
Alternative scenario
Below 6.1870 look for further downside with 6.1630 & 6.1460 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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