(30 October 2020)USD/TRY Further upside.

(30 October 2020)USD/TRY Further upside.

30 October 2020, 09:17
Jiming Huang
0
91

tr
Pivot
 (invalidation): 8.2690
Our preference
Long positions above 8.2690 with targets at 8.3500 & 8.3860 in extension.
Alternative scenario
Below 8.2690 look for further downside with 8.2390 & 8.2040 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)