(03 JANUARY 2019)USD/TRY:Turning down.

(03 JANUARY 2019)USD/TRY:Turning down.

3 January 2019, 09:20
Jiming Huang
0
23

try

Pivot (invalidation): 5.4800

Our preference

Short positions below 5.4800 with targets at 5.3560 & 5.3120 in extension.

Alternative scenario

Above 5.4800 look for further upside with 5.5420 & 5.6100 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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