(11 SEPTEMBER 2018)USD/TRY:Continuation of the rebound.

Pivot (invalidation): 6.4350

Our preference

Long positions above 6.4350 with targets at 6.5000 & 6.5400 in extension.

Alternative scenario

Below 6.4350 look for further downside with 6.3940 & 6.3700 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)