(11 DECEMBER 2018)USD/TRY:Turning up.

(11 DECEMBER 2018)USD/TRY:Turning up.

11 December 2018, 09:03
Jiming Huang
0
65

try

Pivot (invalidation): 5.3050

Our preference

Long positions above 5.3050 with targets at 5.3500 & 5.3750 in extension.

Alternative scenario

Below 5.3050 look for further downside with 5.2680 & 5.2300 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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