(05 SEPTEMBER 2018)USD/TRY:Caution.

(05 SEPTEMBER 2018)USD/TRY:Caution.

5 September 2018, 09:27
Jiming Huang
0
72

try

Pivot (invalidation): 6.6400

Our preference

Long positions above 6.6400 with targets at 6.7200 & 6.7940 in extension.

Alternative scenario

Below 6.6400 look for further downside with 6.5890 & 6.5165 as targets.

Comment

A support base at 6.6400 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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