USD/TRY
Turning up.
Pivot
(invalidation): 5.7200
Our preference
Long positions above 5.7200 with
targets at 5.7820 & 5.8080 in extension.
Alternative scenario
Below 5.7200 look for further downside with 5.7060 & 5.6930 as targets.
Comment
The
RSI calls for a rebound. The pair has crossed above the upper Bollinger band calling for
acceleration to the upside.
(By Swissquote TRADING CENTRAL)
