(21 SEPTEMBER 2018)USD/TRY:Key resistance at 6.2590.

Pivot (invalidation): 6.2590

Our preference

Short positions below 6.2590 with targets at 6.1755 & 6.1245 in extension.

Alternative scenario

Above 6.2590 look for further upside with 6.3290 & 6.3780 as targets.

Comment

The upward potential is likely to be limited by the resistance at 6.2590.

(By Swissquote TRADING CENTRAL)