(15 December 2020)USD/TRY Key resistance at 7.9000.
Analytics & Forecasts

(15 December 2020)USD/TRY Key resistance at 7.9000.

15 December 2020, 09:06
Jiming Huang
Jiming Huang
0
377

tr
Pivot
(invalidation): 7.9000
Our preference
Short positions below 7.9000 with targets at 7.8170 & 7.7830 in extension.
Alternative scenario
Above 7.9000 look for further upside with 7.9330 & 7.9700 as targets.
Comment
As Long as the resistance at 7.9000 is not surpassed, the risk of the break below 7.8170
remains high.

(By Swissquote TRADING CENTRAL)


#USD/TRY