(28 MAY 2020)USD/TRY Continuation of the rebound.

(28 MAY 2020)USD/TRY Continuation of the rebound.

28 May 2020, 08:58
Jiming Huang
0
70

tr
Pivot
 (invalidation): 6.7500
Our preference
Long positions above 6.7500 with targets at 6.7950 & 6.8180 in extension.
Alternative scenario
Below 6.7500 look for further downside with 6.7200 & 6.6960 as targets.
Comment
The break above 6.7500 is a positive signal that has opened a path to 6.7950.

(By Swissquote TRADING CENTRAL)

Share it with friends: