(11 APRIL 2019)USD/TRY:Watch 5.6280.

(11 APRIL 2019)USD/TRY:Watch 5.6280.

11 April 2019, 09:57
Jiming Huang
0
35

tr

Pivot (invalidation): 5.7000

Our preference

Short positions below 5.7000 with targets at 5.6520 & 5.6280 in extension.

Alternative scenario

Above 5.7000 look for further upside with 5.7200 & 5.7400 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)