(20 SEPTEMBER 2018)USD/TRY:The downside prevails.

(20 SEPTEMBER 2018)USD/TRY:The downside prevails.

20 September 2018, 09:22
Jiming Huang
0
50

try

Pivot (invalidation): 6.2870

Our preference

Short positions below 6.2870 with targets at 6.2265 & 6.1755 in extension.

Alternative scenario

Above 6.2870 look for further upside with 6.3290 & 6.3780 as targets.

Comment

The RSI advocates for further decline

(By Swissquote TRADING CENTRAL)