(09 September 2019 )USD/TRY The bias remains bullish.

(09 September 2019 )USD/TRY The bias remains bullish.

9 September 2019, 09:01
Jiming Huang
0
68

tr
Pivot
 (invalidation): 5.6990
Our preference
Long positions above 5.6990 with targets at 5.7280 & 5.7500 in extension.
Alternative scenario
Below 5.6990 look for further downside with 5.6780 & 5.6560 as targets.
Comment
A support base at 5.6990 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)