(30 NOVEMBER 2018)USD/TRY:Under pressure.

Pivot (invalidation): 5.1850

Our preference

Short positions below 5.1850 with targets at 5.1300 & 5.0860 in extension.

Alternative scenario

Above 5.1850 look for further upside with 5.2080 & 5.2410 as targets.

Comment

As Long as the resistance at 5.1850 is not surpassed, the risk of the break below 5.1300

remains high. 

(By Swissquote TRADING CENTRAL)