(12 DECEMBER 2018)USD/TRY:The bias remains bullish.

Pivot (invalidation): 5.3300

Our preference

Long positions above 5.3300 with targets at 5.4000 & 5.4300 in extension.

Alternative scenario

Below 5.3300 look for further downside with 5.3050 & 5.2680 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)