(14 October 2020)USD/TRY The upside prevails.

(14 October 2020)USD/TRY The upside prevails.

14 October 2020, 08:56
Jiming Huang
0
66

tr
Pivot
 (invalidation): 7.9050
Our preference
Long positions above 7.9050 with targets at 7.9350 & 7.9550 in extension.
Alternative scenario
Below 7.9050 look for further downside with 7.8880 & 7.8680 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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