(06 DECEMBER 2018) USD/TRY:Look for 5.4570.

(06 DECEMBER 2018) USD/TRY:Look for 5.4570.

6 December 2018, 09:13
Jiming Huang
0
14

try

Pivot (invalidation): 5.3430

Our preference

Long positions above 5.3430 with targets at 5.4210 & 5.4570 in extension.

Alternative scenario

Below 5.3430 look for further downside with 5.3050 & 5.2700 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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