(01 October 2020)USD/TRY Towards 7.6510.

(01 October 2020)USD/TRY Towards 7.6510.

1 October 2020, 09:25
Jiming Huang
0
71

tr
Pivot
 (invalidation): 7.7450
Our preference
Short positions below 7.7450 with targets at 7.6870 & 7.6510 in extension.
Alternative scenario
Above 7.7450 look for further upside with 7.7970 & 7.8570 as targets.
Comment
A break below 7.6870 would trigger a drop towards 7.6510.

(By Swissquote TRADING CENTRAL)