(23 JANUARY 2019)USD/TRY:Turning up.

(23 JANUARY 2019)USD/TRY:Turning up.

23 January 2019, 09:10
Jiming Huang
0
52

try

Pivot (invalidation): 5.3260

Our preference

Long positions above 5.3260 with targets at 5.3660 & 5.3880 in extension.

Alternative scenario

Below 5.3260 look for further downside with 5.3145 & 5.2960 as targets.

Comment

The RSI calls for a rebound.