(18 OCTOBER 2018)USD/TRY:Towards 5.4940.

(18 OCTOBER 2018)USD/TRY:Towards 5.4940.

18 October 2018, 09:51
Jiming Huang
0
13

try

Pivot (invalidation): 5.6340

Our preference

Short positions below 5.6340 with targets at 5.5550 & 5.4940 in extension.

Alternative scenario

Above 5.6340 look for further upside with 5.7050 & 5.7700 as targets.

Comment

A break below 5.5550 would trigger a drop towards 5.4940.

(By Swissquote TRADING CENTRAL) 


Share it with friends: