(16 JULY 2020)USD/TRY Key resistance at 6.8610.

(16 JULY 2020)USD/TRY Key resistance at 6.8610.

16 July 2020, 09:22
Jiming Huang
0
76

tr
Pivot
 (invalidation): 6.8610
Our preference
Short positions below 6.8610 with targets at 6.8500 & 6.8440 in extension.
Alternative scenario
Above 6.8610 look for further upside with 6.8660 & 6.8700 as targets.
Comment
The upward potential is likely to be limited by the resistance at 6.8610.

(By Swissquote TRADING CENTRAL)


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