(26 SEPTEMBER 2018)USD/TRY:The bias remains bullish.

(26 SEPTEMBER 2018)USD/TRY:The bias remains bullish.

26 September 2018, 09:15
Jiming Huang
0
51

try

Pivot (invalidation): 6.1495

Our preference

Long positions above 6.1495 with targets at 6.2015 & 6.2390 in extension.

Alternative scenario

Below 6.1495 look for further downside with 6.1170 & 6.0665 as targets.

Comment

A support base at 6.1495 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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