(14 MARCH 2019)USD/TRY:The upside prevails.

(14 MARCH 2019)USD/TRY:The upside prevails.

14 March 2019, 08:59
Jiming Huang
0
9

try

Pivot (invalidation): 5.4480

Our preference

Long positions above 5.4480 with targets at 5.4720 & 5.4890 in extension.

Alternative scenario

Below 5.4480 look for further downside with 5.4270 & 5.4100 as targets.

Comment

A support base at 5.4480 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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