(21 AUGUST 2019)USD/TRY Watch 5.6970.

(21 AUGUST 2019)USD/TRY Watch 5.6970.

21 August 2019, 09:09
Jiming Huang
0
60

tr
Pivot
 (invalidation): 5.6240
Our preference
Long positions above 5.6240 with targets at 5.6690 & 5.6970 in extension.
Alternative scenario
Below 5.6240 look for further downside with 5.6000 & 5.5760 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)