![(04 November 2020)USD/TRY Key resistance at 8.4700. (04 November 2020)USD/TRY Key resistance at 8.4700.](https://c.mql5.com/6/877/splash-740931.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
90
Pivot
(invalidation): 8.4700
Our preference
Short positions below 8.4700 with targets at 8.3780 & 8.3380 in extension.
Alternative scenario
Above 8.4700 look for further upside with 8.5000 & 8.5460 as targets.
Comment
The upward potential is likely to be limited by the resistance at 8.4700.
(By Swissquote TRADING CENTRAL)