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Pivot 1748.00 Our preference Long positions above 1748.00 with targets at 1765.00 & 1775.00 in extension. Alternative scenario Below 1748.00 look for further downside with 1741.00 & 1735.00 as targets. Comment The RSI advocates for further upside. Supports and resistances 1785.00 1775.00 1765.00 1758.50 Last 1748.00 1741.00 1735.00 Number of asterisks represents the strength of support and resistance levels.

Gold may rise to 1765.00 - 1775.00 - pipsforex.in Pivot1748.00Our preference Long positions above 1748.00 with targets at 1765.00 & 1775.00 in extension. Alternative scenario Below 1748.00 look for further downside with 1741.00 & 1735.00 as targets.

8.6085 is our pivot point. Our preference The downside prevails as long as 8.6085 is resistance. Alternative scenario The upside breakout of 8.6085, would call for 8.6380 and 8.6556. Comment The RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case)....

USD/TRY may fall 466 - 640 pips - pipsforex.in 8.6085 is our pivot point. Our preference The downside prevails as long as 8.6085 is resistance. An alternative scenario, The upside breakout of 8.6085, would call for 8.6380 and 8.6556.