(02 NOVEMBER 2018)USD/TRY:Turning down.

(02 NOVEMBER 2018)USD/TRY:Turning down.

2 November 2018, 08:49
Jiming Huang
0
56

try

Pivot (invalidation): 5.5470

Our preference

Short positions below 5.5470 with targets at 5.5040 & 5.4810 in extension.

Alternative scenario

Above 5.5470 look for further upside with 5.5720 & 5.5940 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL) 

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