![(04 August 2020)USD/TRY Continuation of the rebound. (04 August 2020)USD/TRY Continuation of the rebound.](https://c.mql5.com/6/869/splash-738646.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
65
Pivot
(invalidation): 6.9540
Our preference
Long positions above 6.9540 with targets at 6.9870 & 7.0060 in extension.
Alternative scenario
Below 6.9540 look for further downside with 6.9330 & 6.9170 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)