(09 JUNE 2020)USD/TRY Supported by a rising trend line.

(09 JUNE 2020)USD/TRY Supported by a rising trend line.

9 June 2020, 08:49
Jiming Huang
0
74

tr
Pivot
 (invalidation): 6.7640
Our preference
Long positions above 6.7640 with targets at 6.7930 & 6.8110 in extension.
Alternative scenario
Below 6.7640 look for further downside with 6.7490 & 6.7340 as targets.
Comment
A support base at 6.7640 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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