(05 August 2020)USD/TRY The downside prevails.

(05 August 2020)USD/TRY The downside prevails.

5 August 2020, 09:18
Jiming Huang
0
63

tr
Pivot
 (invalidation): 6.9350
Our preference
Short positions below 6.9350 with targets at 6.8720 & 6.8500 in extension.
Alternative scenario
Above 6.9350 look for further upside with 6.9580 & 6.9750 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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