(29 JANUARY 2019)USD/TRY:Further upside.

(29 JANUARY 2019)USD/TRY:Further upside.

29 January 2019, 09:20
Jiming Huang
0
62

try

Pivot (invalidation): 5.3070

Our preference

Long positions above 5.3070 with targets at 5.3450 & 5.3560 in extension.

Alternative scenario

Below 5.3070 look for further downside with 5.2900 & 5.2690 as targets.

Comment

The break above 5.3070 is a positive signal that has opened a path to 5.3450

(By Swissquote TRADING CENTRAL)


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