![(06 October 2020)USD/TRY Bullish bias above 7.7460. (06 October 2020)USD/TRY Bullish bias above 7.7460.](https://c.mql5.com/6/874/splash-740215.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot
(invalidation): 7.7460
Our preference
Long positions above 7.7460 with targets at 7.7690 & 7.7860 in extension.
Alternative scenario
Below 7.7460 look for further downside with 7.7190 & 7.6900 as targets.
Comment
A support base at 7.7460 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)