(07 MARCH 2019)USD/TRY:Further upside.

(07 MARCH 2019)USD/TRY:Further upside.

7 March 2019, 08:54
Jiming Huang
0
61

tr

Pivot (invalidation): 5.4150

Our preference

Long positions above 5.4150 with targets at 5.4460 & 5.4680 in extension.

Alternative scenario

Below 5.4150 look for further downside with 5.3930 & 5.3670 as targets.

Comment

The RSI is bullish and calls for further upside..

(By Swissquote TRADING CENTRAL)