(07 DECEMBER 2018)USD/TRY:Under pressure.

(07 DECEMBER 2018)USD/TRY:Under pressure.

7 December 2018, 09:14
Jiming Huang
0
57

try

Pivot (invalidation): 5.3660

Our preference

Short positions below 5.3660 with targets at 5.3050 & 5.2700 in extension.

Alternative scenario

Above 5.3660 look for further upside with 5.4000 & 5.4570 as targets.

Comment

As Long as the resistance at 5.3660 is not surpassed, the risk of the break below 5.3050

remains high. 

(By Swissquote TRADING CENTRAL) 


Share it with friends: