(24 OCTOBER 2018)USD/TRY:The upside prevails.

(24 OCTOBER 2018)USD/TRY:The upside prevails.

24 October 2018, 11:07
Jiming Huang
0
44

try

Pivot (invalidation): 5.7200

Our preference

Long positions above 5.7200 with targets at 5.8000 & 5.8700 in extension.

Alternative scenario

Below 5.7200 look for further downside with 5.6600 & 5.6150 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL) 

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