(18 MARCH 2019)USD/TRY:Under pressure.

(18 MARCH 2019)USD/TRY:Under pressure.

18 March 2019, 09:21
Jiming Huang
0
42

try

Pivot (invalidation): 5.4580

Our preference

Short positions below 5.4580 with targets at 5.4400 & 5.4280 in extension.

Alternative scenario

Above 5.4580 look for further upside with 5.4760 & 5.4890 as targets.

Comment

A break below 5.4400 would trigger a drop towards 5.4280

(By Swissquote TRADING CENTRAL)


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