(17 OCTOBER 2018)USD/TRY:Watch 5.5910.

(17 OCTOBER 2018)USD/TRY:Watch 5.5910.

17 October 2018, 09:36
Jiming Huang
0
42

try

Pivot (invalidation): 5.7340

Our preference

Short positions below 5.7340 with targets at 5.6500 & 5.5910 in extension.

Alternative scenario

Above 5.7340 look for further upside with 5.8040 & 5.8700 as targets.

Comment

A break below 5.6500 would trigger a drop towards 5.5910

(By Swissquote TRADING CENTRAL) 

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