(27 November 2020)USD/TRY Under pressure.

(27 November 2020)USD/TRY Under pressure.

27 November 2020, 09:11
Jiming Huang
0
80

tr
Pivot
 (invalidation): 7.9180
Our preference
Short positions below 7.9180 with targets at 7.8400 & 7.8000 in extension.
Alternative scenario
Above 7.9180 look for further upside with 7.9600 & 8.0000 as targets.
Comment
As Long as the resistance at 7.9180 is not surpassed, the risk of the break below 7.8400
remains high.

(By Swissquote TRADING CENTRAL)