(07 JULY 2020)USD/TRY Under pressure.

(07 JULY 2020)USD/TRY Under pressure.

7 July 2020, 09:14
Jiming Huang
0
54

tr
Pivot
 (invalidation): 6.8650
Our preference
Short positions below 6.8650 with targets at 6.8530 & 6.8420 in extension.
Alternative scenario
Above 6.8650 look for further upside with 6.8720 & 6.8820 as targets.
Comment
As Long as the resistance at 6.8650 is not surpassed, the risk of the break below 6.8530
remains high.

(By Swissquote TRADING CENTRAL)


Share it with friends: