(19 MARCH 2019)USD/TRY:Turning up.

(19 MARCH 2019)USD/TRY:Turning up.

19 March 2019, 09:20
Jiming Huang
0
59

ry

Pivot (invalidation): 5.4580

Our preference

Long positions above 5.4580 with targets at 5.4760 & 5.4890 in extension.

Alternative scenario

Below 5.4580 look for further downside with 5.4505 & 5.4400 as targets.

Comment

The break above 5.4580 is a positive signal that has opened a path to 5.4760

(By Swissquote TRADING CENTRAL)