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

Pivot (invalidation): 6.1170

Our preference

Long positions above 6.1170 with targets at 6.1870 & 6.2390 in extension.

Alternative scenario

Below 6.1170 look for further downside with 6.0450 & 6.0135 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)