(25 JANUARY 2019)USD/TRY:Capped by a negative trend line.
25 January 2019, 09:15
0
68
Pivot (invalidation): 5.2760
Our preference
Short positions below 5.2760 with targets at 5.2420 & 5.2200 in extension.
Alternative scenario
Above 5.2760 look for further upside with 5.2980 & 5.3150 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
