(08 JULY 2019)USD/TRY:Further advance.

(08 JULY 2019)USD/TRY:Further advance.

8 July 2019, 09:20
Jiming Huang
0
47

tr

Pivot (invalidation): 5.6990

Our preference

Long positions above 5.6990 with targets at 5.7900 & 5.8330 in extension.

Alternative scenario

Below 5.6990 look for further downside with 5.6640 & 5.6380 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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