(21 NOVEMBER 2018)USD/TRY:The upside prevails.

(21 NOVEMBER 2018)USD/TRY:The upside prevails.

21 November 2018, 09:30
Jiming Huang
0
43

try

Pivot (invalidation): 5.3640

Our preference

Long positions above 5.3640 with targets at 5.4210 & 5.4500 in extension.

Alternative scenario

Below 5.3640 look for further downside with 5.3350 & 5.3050 as targets.

Comment

A support base at 5.3640 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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