(06 March 2020)USD/TRY Continuation of the rebound.

(06 March 2020)USD/TRY Continuation of the rebound.

6 March 2020, 08:52
Jiming Huang
0
65

tr
Pivot
 (invalidation): 6.0910
Our preference
Long positions above 6.0910 with targets at 6.1440 & 6.1670 in extension.
Alternative scenario
Below 6.0910 look for further downside with 6.0660 & 6.0480 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

Share it with friends: