(28 DECEMBER 2018)USD/TRY:Turning up.

(28 DECEMBER 2018)USD/TRY:Turning up.

28 December 2018, 13:59
Jiming Huang
0
68

try

Pivot (invalidation): 5.2760

Our preference

Long positions above 5.2760 with targets at 5.3030 & 5.3170 in extension.

Alternative scenario

Below 5.2760 look for further downside with 5.2660 & 5.2570 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)