(05 NOVEMBER 2018)USD/TRY:Rebound expected.

(05 NOVEMBER 2018)USD/TRY:Rebound expected.

5 November 2018, 09:19
Jiming Huang
0
54

try

Pivot (invalidation): 5.4160

Our preference

Long positions above 5.4160 with targets at 5.4760 & 5.5070 in extension.

Alternative scenario

Below 5.4160 look for further downside with 5.3875 & 5.3535 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL) 


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