![(31 August 2020)USD/TRY Capped by a negative trend line (31 August 2020)USD/TRY Capped by a negative trend line](https://c.mql5.com/6/871/splash-739270.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
91
Pivot
(invalidation): 7.3700
Our preference
Short positions below 7.3700 with targets at 7.2970 & 7.2750 in extension.
Alternative scenario
Above 7.3700 look for further upside with 7.3880 & 7.4070 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7.3700.
(By Swissquote TRADING CENTRAL)