(18 FEBRUARY 2019)USD/TRY:Bullish bias above 5.2620.

(18 FEBRUARY 2019)USD/TRY:Bullish bias above 5.2620.

18 February 2019, 09:00
Jiming Huang
0
15

try

Pivot (invalidation): 5.2620

Our preference

Long positions above 5.2620 with targets at 5.2960 & 5.3220 in extension.

Alternative scenario

Below 5.2620 look for further downside with 5.2420 & 5.2300 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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