(11 FEBRUARY 2019)USD/TRY:The upside prevails.

(11 FEBRUARY 2019)USD/TRY:The upside prevails.

11 February 2019, 08:55
Jiming Huang
0
67

try

Pivot (invalidation): 5.2380

Our preference

Long positions above 5.2380 with targets at 5.2780 & 5.2960 in extension.

Alternative scenario

Below 5.2380 look for further downside with 5.2220 & 5.2060 as targets.

Comment

The RSI is bullish and calls for further advance

(By Swissquote TRADING CENTRAL)