(09 December 2019)USD/TRY The upside prevails.

(09 December 2019)USD/TRY The upside prevails.

9 December 2019, 09:23
Jiming Huang
0
68

tr
Pivot
 (invalidation): 5.7680
Our preference
Long positions above 5.7680 with targets at 5.7880 & 5.8000 in extension.
Alternative scenario
Below 5.7680 look for further downside with 5.7570 & 5.7440 as targets.
Comment
The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL)