(02 December 2020)USD/TRY The bias remains bullish.

(02 December 2020)USD/TRY The bias remains bullish.

2 December 2020, 08:56
Jiming Huang
0
62

tr
Pivot
 (invalidation): 7.7750
Our preference
Long positions above 7.7750 with targets at 7.8730 & 7.9150 in extension.
Alternative scenario
Below 7.7750 look for further downside with 7.7390 & 7.7130 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)


Share it with friends: