(03 JUNE 2020)USD/TRY Under pressure.

(03 JUNE 2020)USD/TRY Under pressure.

3 June 2020, 09:08
Jiming Huang
0
80

tr
Pivot
 (invalidation): 6.7380
Our preference
Short positions below 6.7380 with targets at 6.6680 & 6.6400 in extension.
Alternative scenario
Above 6.7380 look for further upside with 6.7720 & 6.8000 as targets.
Comment
As Long as the resistance at 6.7380 is not surpassed, the risk of the break below 6.6680
remains high.

(By Swissquote TRADING CENTRAL)