(21 DECEMBER 2018)USD/TRY:Under pressure.

(21 DECEMBER 2018)USD/TRY:Under pressure.

21 December 2018, 09:09
Jiming Huang
0
48

try

Pivot (invalidation): 5.2820

Our preference

Short positions below 5.2820 with targets at 5.2400 & 5.2180 in extension.

Alternative scenario

Above 5.2820 look for further upside with 5.3210 & 5.3560 as targets.

Comment

The upward potential is likely to be limited by the resistance at 5.2820

(By Swissquote TRADING CENTRAL) 


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