(13 FEBRUARY 2019)USD/TRY:Break of a ST rising trendline support.

(13 FEBRUARY 2019)USD/TRY:Break of a ST rising trendline support.

13 February 2019, 08:54
Jiming Huang
0
13

try

Pivot (invalidation): 5.2660

Our preference

Short positions below 5.2660 with targets at 5.2300 & 5.2140 in extension.

Alternative scenario

Above 5.2660 look for further upside with 5.2850 & 5.2960 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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