(11 JANUARY 2019)USD/TRY:Under pressure.

(11 JANUARY 2019)USD/TRY:Under pressure.

11 January 2019, 09:11
Jiming Huang
0
14

try

Pivot (invalidation): 5.4500

Our preference

Short positions below 5.4500 with targets at 5.3970 & 5.3755 in extension.

Alternative scenario

Above 5.4500 look for further upside with 5.4790 & 5.5080 as targets.

Comment

As Long as 5.4500 is resistance, expect a return to 5.3970.

(By Swissquote TRADING CENTRAL)

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