(12 August 2020)USD/TRY Key resistance at 7.2790.

(12 August 2020)USD/TRY Key resistance at 7.2790.

12 August 2020, 09:16
Jiming Huang
0
67

tr
Pivot
 (invalidation): 7.2790
Our preference
Short positions below 7.2790 with targets at 7.1750 & 7.1120 in extension.
Alternative scenario
Above 7.2790 look for further upside with 7.3450 & 7.4000 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7.2790.

(By Swissquote TRADING CENTRAL)


Share it with friends: