(27 NOVEMBER 2018)USD/TRY:Key resistance at 5.2650.

Pivot (invalidation): 5.2650

Our preference

Short positions below 5.2650 with targets at 5.2330 & 5.2160 in extension.

Alternative scenario

Above 5.2650 look for further upside with 5.2970 & 5.3250 as targets.

Comment

A break below 5.2330 would trigger a drop towards 5.2160.

(By Swissquote TRADING CENTRAL)