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

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

22 January 2019, 09:08
Jiming Huang
0
49

try

Pivot (invalidation): 5.3440

Our preference

Short positions below 5.3440 with targets at 5.3145 & 5.2960 in extension.

Alternative scenario

Above 5.3440 look for further upside with 5.3615 & 5.3880 as targets.

Comment

A break below 5.3145 would trigger a drop towards 5.2960.

(By Swissquote TRADING CENTRAL)

Share it with friends: