![(07 September 2020)USD/TRY Bullish bias above 7.3870. (07 September 2020)USD/TRY Bullish bias above 7.3870.](https://c.mql5.com/6/872/splash-739447.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot
(invalidation): 7.3870
Our preference
Long positions above 7.3870 with targets at 7.4760 & 7.5000 in extension.
Alternative scenario
Below 7.3870 look for further downside with 7.3550 & 7.3160 as targets.
Comment
A support base at 7.3870 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)