(20 FEBRUARY 2019)USD/TRY:Under pressure.

(20 FEBRUARY 2019)USD/TRY:Under pressure.

20 February 2019, 09:15
Jiming Huang
0
45

try

Pivot (invalidation): 5.3000

Our preference

Short positions below 5.3000 with targets at 5.2700 & 5.2550 in extension.

Alternative scenario

Above 5.3000 look for further upside with 5.3210 & 5.3330 as targets.

Comment

A break below 5.2700 would trigger a drop towards 5.2550.

(By Swissquote TRADING CENTRAL)