(12 OCTOBER 2018)USD/TRY:The downside prevails.

(12 OCTOBER 2018)USD/TRY:The downside prevails.

12 October 2018, 09:37
Jiming Huang
0
56

tyr

Pivot (invalidation): 6.0080

Our preference

Short positions below 6.0080 with targets at 5.8620 & 5.8080 in extension.

Alternative scenario

Above 6.0080 look for further upside with 6.0810 & 6.1330 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

Share it with friends: