(21 February 2020)USD/TRY Aim @ 6.1240.

(21 February 2020)USD/TRY Aim @ 6.1240.

21 February 2020, 08:51
Jiming Huang
0
72

tr
Pivot
 (invalidation): 6.0900
Our preference
Long positions above 6.0900 with targets at 6.1120 & 6.1240 in extension.
Alternative scenario
Below 6.0900 look for further downside with 6.0740 & 6.0600 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)