(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019


 
(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019
Pivot
 (invalidation):
5.7010


Our preference
Long positions above 5.7010 with targets at 5.7440 & 5.7670 in extension.
Alternative scenario
Below
5.7010 look for further downside with 5.6700 & 5.6380 as targets.


Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)



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(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019
(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019
(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019
(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019
(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019

(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019

(22 AUGUST 2019)USD/TRY Bullish Bias Above 5.7010. - Analytics & Forecasts - 22 August 2019