(13 JULY 2020)USD/TRY Key resistance at 6.8680.

(13 JULY 2020)USD/TRY Key resistance at 6.8680.

13 July 2020, 09:56
Jiming Huang
0
60

tr
Pivot
 (invalidation): 6.8680
Our preference
Short positions below 6.8680 with targets at 6.8570 & 6.8490 in extension.
Alternative scenario
Above 6.8680 look for further upside with 6.8750 & 6.8820 as targets.
Comment
The upward potential is likely to be limited by the resistance at 6.8680.

(By Swissquote TRADING CENTRAL)


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