(01 JULY 2020)USD/TRY Key resistance at 6.8590.

(01 JULY 2020)USD/TRY Key resistance at 6.8590.

1 July 2020, 09:28
Jiming Huang
0
72

tr
Pivot
 (invalidation): 6.8590
Our preference
Short positions below 6.8590 with targets at 6.8350 & 6.8250 in extension.
Alternative scenario
Above 6.8590 look for further upside with 6.8720 & 6.8840 as targets.
Comment
The upward potential is likely to be limited by the resistance at 6.8590.

(By Swissquote TRADING CENTRAL)

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