(19 JUNE 2020)USD/TRY Target 6.8720.

(19 JUNE 2020)USD/TRY Target 6.8720.

19 June 2020, 09:05
Jiming Huang
0
64

tr
Pivot
 (invalidation): 6.8450
Our preference
Long positions above 6.8450 with targets at 6.8610 & 6.8720 in extension.
Alternative scenario
Below 6.8450 look for further downside with 6.8310 & 6.8190 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up

(By Swissquote TRADING CENTRAL)