(01 APRIL 2019)USD/TRY:Further upside.

Pivot (invalidation): 5.5770

Our preference

Long positions above 5.5770 with targets at 5.6600 & 5.7040 in extension.

Alternative scenario

Below 5.5770 look for further downside with 5.5410 & 5.5100 as targets.

Comment

The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)