(09 JULY 2020)USD/TRY Key resistance at 6.8650.

(09 JULY 2020)USD/TRY Key resistance at 6.8650.

9 July 2020, 08:52
Jiming Huang
0
70

tr
Pivot
 (invalidation): 6.8650
Our preference
Short positions below 6.8650 with targets at 6.8460 & 6.8390 in extension.
Alternative scenario
Above 6.8650 look for further upside with 6.8720 & 6.8820 as targets.
Comment
As Long as 6.8650 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)


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