(04 MARCH 2019)USD/TRY:Turning down.

(04 MARCH 2019)USD/TRY:Turning down.

4 March 2019, 08:59
Jiming Huang
0
48

try

Pivot (invalidation): 5.3810

Our preference

Short positions below 5.3810 with targets at 5.3610 & 5.3430 in extension.

Alternative scenario

Above 5.3810 look for further upside with 5.3930 & 5.4050 as targets.

Comment

A break below 5.3610 would trigger a drop towards 5.3430.

(By Swissquote TRADING CENTRAL)

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