(26 MARCH 2019)USD/TRY:Look for 5.4850.

(26 MARCH 2019)USD/TRY:Look for 5.4850.

26 March 2019, 09:02
Jiming Huang
0
51

try

Pivot (invalidation): 5.6210

Our preference

Short positions below 5.6210 with targets at 5.5380 & 5.4850 in extension.

Alternative scenario

Above 5.6210 look for further upside with 5.6950 & 5.7700 as targets.

Comment

A break below 5.5380 would trigger a drop towards 5.4850.

(By Swissquote TRADING CENTRAL)


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