(26 NOVEMBER 2018)USD/TRY:Bullish bias above 5.2730.

(26 NOVEMBER 2018)USD/TRY:Bullish bias above 5.2730.

26 November 2018, 09:05
Jiming Huang
0
53

try

Pivot (invalidation): 5.2730

Our preference

Long positions above 5.2730 with targets at 5.3110 & 5.3250 in extension.

Alternative scenario

Below 5.2730 look for further downside with 5.2460 & 5.2190 as targets.

Comment

A support base at 5.2730 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL) 

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