(17 March 2020)USD/TRY The upside prevails.

(17 March 2020)USD/TRY The upside prevails.

17 March 2020, 09:05
Jiming Huang
0
68

tr

Pivot
 (invalidation): 6.3990
Our preference
Long positions above 6.3990 with targets at 6.4430 & 6.4700 in extension.
Alternative scenario
Below 6.3990 look for further downside with 6.3550 & 6.3130 as targets.
Comment
The break above 6.3990 is a positive signal that has opened a path to 6.4430.

(By Swissquote TRADING CENTRAL)

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