(22 April 2020)USD/TRY Consolidation.

(22 April 2020)USD/TRY Consolidation.

22 April 2020, 09:34
Jiming Huang
0
77

tr
Pivot
 (invalidation): 6.9610
Our preference
Long positions above 6.9610 with targets at 6.9810 & 7.0000 in extension.
Alternative scenario
Below 6.9610 look for further downside with 6.9480 & 6.9320 as targets.
Comment
A support base at 6.9610 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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