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

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

22 February 2019, 08:45
Jiming Huang
0
16

try

Pivot (invalidation): 5.3410

Our preference

Short positions below 5.3410 with targets at 5.3040 & 5.2900 in extension.

Alternative scenario

Above 5.3410 look for further upside with 5.3630 & 5.3870 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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