(15 JUNE 2020)USD/TRY Under pressure.

(15 JUNE 2020)USD/TRY Under pressure.

15 June 2020, 09:35
Jiming Huang
0
65

tr
Pivot
 (invalidation): 6.8290
Our preference
Short positions below 6.8290 with targets at 6.8040 & 6.7930 in extension.
Alternative scenario
Above 6.8290 look for further upside with 6.8420 & 6.8530 as targets.
Comment
As Long as the resistance at 6.8290 is not surpassed, the risk of the break below 6.8040
remains high.

(By Swissquote TRADING CENTRAL)