(18 August 2020)USD/TRY The upside prevails.

(18 August 2020)USD/TRY The upside prevails.

18 August 2020, 09:20
Jiming Huang
0
72

tr
Pivot
 (invalidation): 7.3680
Our preference
Long positions above 7.3680 with targets at 7.4070 & 7.4300 in extension.
Alternative scenario
Below 7.3680 look for further downside with 7.3490 & 7.3160 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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