(06 FEBRUARY 2019)USD/TRY:Under pressure.

(06 FEBRUARY 2019)USD/TRY:Under pressure.

6 February 2019, 13:29
Jiming Huang
0
18

try

Pivot (invalidation): 5.2060

Our preference

Short positions below 5.2060 with targets at 5.1880 & 5.1750 in extension.

Alternative scenario

Above 5.2060 look for further upside with 5.2240 & 5.2420 as targets.

Comment

As Long as the resistance at 5.2060 is not surpassed, the risk of the break below 5.1880

remains high. 

(By Swissquote TRADING CENTRAL)


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