(18 JUNE 2020)USD/TRY The bias remains bullish.

(18 JUNE 2020)USD/TRY The bias remains bullish.

18 June 2020, 09:21
Jiming Huang
0
70

tr
Pivot
 (invalidation): 6.8310
Our preference
Long positions above 6.8310 with targets at 6.8610 & 6.8720 in extension.
Alternative scenario
Below 6.8310 look for further downside with 6.8190 & 6.8070 as targets.
Comment
A support base at 6.8310 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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