(12 FEBRUARY 2019)USD/TRY:Bullish bias above 5.2550.

Pivot (invalidation): 5.2550

Our preference

Long positions above 5.2550 with targets at 5.2960 & 5.3220 in extension.

Alternative scenario

Below 5.2550 look for further downside with 5.2390 & 5.2140 as targets.

Comment

The RSI is above its neutrality area at 50%

(By Swissquote TRADING CENTRAL)