(17 February 2020)USD/TRY Key resistance at 6.0580.

(17 February 2020)USD/TRY Key resistance at 6.0580.

17 February 2020, 08:51
Jiming Huang
0
21

tr
Pivot
 (invalidation): 6.0580
Our preference
Short positions below 6.0580 with targets at 6.0400 & 6.0310 in extension.
Alternative scenario
Above 6.0580 look for further upside with 6.0670 & 6.0790 as targets.
Comment
The upward potential is likely to be limited by the resistance at 6.0580

(By Swissquote TRADING CENTRAL)

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