(09 MAY 2019)USD/TRY:Caution.

(09 MAY 2019)USD/TRY:Caution.

9 May 2019, 09:47
Jiming Huang
0
46

tr

Pivot (invalidation): 6.1500

Our preference

Long positions above 6.1500 with targets at 6.1800 & 6.2000 in extension.

Alternative scenario

Below 6.1500 look for further downside with 6.1300 & 6.1160 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL)

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