(11 MAY 2020)USD/TRY Under pressure.

(11 MAY 2020)USD/TRY Under pressure.

11 May 2020, 09:16
Jiming Huang
0
74

tr
Pivot
 (invalidation): 7.1190
Our preference
Short positions below 7.1190 with targets at 7.0540 & 7.0160 in extension.
Alternative scenario
Above 7.1190 look for further upside with 7.1660 & 7.2060 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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