(04 OCTOBER 2018)USD/TRY:Bullish bias above 6.0270.

Pivot (invalidation): 6.0270

Our preference

Long positions above 6.0270 with targets at 6.0900 & 6.1200 in extension.

Alternative scenario

Below 6.0270 look for further downside with 5.9920 & 5.9700 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)