![(11 OCTOBER 2018)USD/TRY:Technical rebound in a bearish trend. (11 OCTOBER 2018)USD/TRY:Technical rebound in a bearish trend.](https://c.mql5.com/6/815/splash-721789.jpg)
(11 OCTOBER 2018)USD/TRY:Technical rebound in a bearish trend.
11 October 2018, 09:25
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 6.0980
Our preference
Short positions below 6.0980 with targets at 6.0490 & 6.0200 in extension.
Alternative scenario
Above 6.0980 look for further upside with 6.1330 & 6.1575 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)