(23 JUNE 2020)USD/TRY Bullish bias above 6.8350.

(23 JUNE 2020)USD/TRY Bullish bias above 6.8350.

23 June 2020, 09:25
Jiming Huang
0
60

tr
Pivot
 (invalidation): 6.8350
Our preference
Long positions above 6.8350 with targets at 6.8580 & 6.8720 in extension.
Alternative scenario
Below 6.8350 look for further downside with 6.8250 & 6.8140 as targets.
Comment
A support base at 6.8350 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

Share it with friends: