(14 SEPTEMBER 2018)USD/TRY:Key resistance at 6.1900

Pivot (invalidation): 6.1900

Our preference

Short positions below 6.1900 with targets at 6.0650 & 6.0010 in extension.

Alternative scenario

Above 6.1900 look for further upside with 6.2460 & 6.3300 as targets.

Comment

As Long as the resistance at 6.1900 is not surpassed, the risk of the break below 6.0650

remains high. 

(By Swissquote TRADING CENTRAL)