(10 SEPTEMBER 2018)USD/TRY:Key resistance at 6.4500.

Pivot (invalidation): 6.4500

Our preference

Short positions below 6.4500 with targets at 6.3700 & 6.3000 in extension.

Alternative scenario

Above 6.4500 look for further upside with 6.4900 & 6.5400 as targets.

Comment

Even though a continuation of the technical rebound cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)