(31 DECEMBER 2018)USD/TRY :The upside prevails.

(31 DECEMBER 2018)USD/TRY :The upside prevails.

2 January 2019, 14:03
Jiming Huang
0
59

try

Pivot (invalidation): 5.2610

Our preference

Long positions above 5.2610 with targets at 5.3030 & 5.3170 in extension.

Alternative scenario

Below 5.2610 look for further downside with 5.2490 & 5.2360 as targets.

Comment

A support base at 5.2610 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 


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