(29 NOVEMBER 2018)USD/TRY:The downside prevails.

Pivot (invalidation): 5.2440

Our preference

Short positions below 5.2440 with targets at 5.1850 & 5.1630 in extension.

Alternative scenario

Above 5.2440 look for further upside with 5.2670 & 5.2900 as targets.

Comment

As Long as 5.2440 is resistance, likely decline to 5.1850

(By Swissquote TRADING CENTRAL)