(28 JULY 2020)USD/TRY Bullish bias above 6.8500.

(28 JULY 2020)USD/TRY Bullish bias above 6.8500.

28 July 2020, 09:13
Jiming Huang
0
60

tr
Pivot
 (invalidation): 6.8500
Our preference
Long positions above 6.8500 with targets at 6.8880 & 6.9070 in extension.
Alternative scenario
Below 6.8500 look for further downside with 6.8330 & 6.8200 as targets.
Comment
A support base at 6.8500 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


Share it with friends: