(13 MARCH 2019)USD/TRY:Turning up.

(13 MARCH 2019)USD/TRY:Turning up.

13 March 2019, 09:05
Jiming Huang
0
49

try

Pivot (invalidation): 5.4420

Our preference

Long positions above 5.4420 with targets at 5.4670 & 5.4890 in extension.

Alternative scenario

Below 5.4420 look for further downside with 5.4270 & 5.4100 as targets.

Comment

The break above 5.4420 is a positive signal that has opened a path to 5.4670.

(By Swissquote TRADING CENTRAL)

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