Contributors Technical Analysis USD/TRY Key Resistance At 6.8950

USD/TRY Key Resistance At 6.8950

Pivot (invalidation): 6.8950

Our preference Short positions below 6.8950 with targets at 6.8580 & 6.8370 in extension.

Alternative scenario Above 6.8950 look for further upside with 6.9190 & 6.9460 as targets.

Comment As Long as the resistance at 6.8950 is not surpassed, the risk of the break below 6.8580 remains high.

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