(24 August 2020)USD/TRY Key resistance at 7.3490.

(24 August 2020)USD/TRY Key resistance at 7.3490.

24 August 2020, 09:08
Jiming Huang
0
65

tr
Pivot
 (invalidation): 7.3490
Our preference
Short positions below 7.3490 with targets at 7.2730 & 7.2420 in extension.
Alternative scenario
Above 7.3490 look for further upside with 7.3800 & 7.4000 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7.3490.

(By Swissquote TRADING CENTRAL)



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