(31 January 2020)USD/TRY Watch 5.9960.

(31 January 2020)USD/TRY Watch 5.9960.

31 January 2020, 09:06
Jiming Huang
0
58

tr
Pivot
 (invalidation): 5.9670
Our preference
Long positions above 5.9670 with targets at 5.9850 & 5.9960 in extension.
Alternative scenario
Below 5.9670 look for further downside with 5.9550 & 5.9460 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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