(05 FEBRUARY 2019)USD/TRY:5.1800 expected.

(05 FEBRUARY 2019)USD/TRY:5.1800 expected.

5 February 2019, 13:29
Jiming Huang
0
18

try

Pivot (invalidation): 5.2250

Our preference

Short positions below 5.2250 with targets at 5.2020 & 5.1800 in extension.

Alternative scenario

Above 5.2250 look for further upside with 5.2420 & 5.2730 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

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