(18 JULY 2019)USD/TRY:Aim @ 5.6570.

(18 JULY 2019)USD/TRY:Aim @ 5.6570.

18 July 2019, 09:01
Jiming Huang
0
65

tr

Pivot (invalidation): 5.6980

Our preference

Short positions below 5.6980 with targets at 5.6690 & 5.6570 in extension.

Alternative scenario

Above 5.6980 look for further upside with 5.7170 & 5.7330 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)