(01 MARCH 2019)USD/TRY:Further advance.

(01 MARCH 2019)USD/TRY:Further advance.

1 March 2019, 09:18
Jiming Huang
0
51

try

Pivot (invalidation): 5.3280

Our preference

Long positions above 5.3280 with targets at 5.3500 & 5.3640 in extension.

Alternative scenario

Below 5.3280 look for further downside with 5.3175 & 5.3080 as targets.

Comment

The break above 5.3280 is a positive signal that has opened a path to 5.3500.

(By Swissquote TRADING CENTRAL)


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