(08 APRIL 2019)USD/TRY:The upside prevails.

(08 APRIL 2019)USD/TRY:The upside prevails.

8 April 2019, 09:55
Jiming Huang
0
46

TR

Pivot (invalidation): 5.6100

Our preference

Long positions above 5.6100 with targets at 5.6600 & 5.6900 in extension.

Alternative scenario

Below 5.6100 look for further downside with 5.5800 & 5.5540 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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