(21 JULY 2020)USD/TRY Key resistance at 6.8600.

(21 JULY 2020)USD/TRY Key resistance at 6.8600.

21 July 2020, 09:21
Jiming Huang
0
62

tr
Pivot
 (invalidation): 6.8600
Our preference
Short positions below 6.8600 with targets at 6.8460 & 6.8380 in extension.
Alternative scenario
Above 6.8600 look for further upside with 6.8660 & 6.8730 as targets.
Comment
The upward potential is likely to be limited by the resistance at 6.8600.

(By Swissquote TRADING CENTRAL)