(16 JUNE 2020)USD/TRY 6.7960 expected.

(16 JUNE 2020)USD/TRY 6.7960 expected.

16 June 2020, 09:16
Jiming Huang
0
81

tr
Pivot
 (invalidation): 6.8400
Our preference
Short positions below 6.8400 with targets at 6.8090 & 6.7960 in extension.
Alternative scenario
Above 6.8400 look for further upside with 6.8500 & 6.8610 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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