(10 September 2020)USD/TRY The bias remains bullish.

(10 September 2020)USD/TRY The bias remains bullish.

10 September 2020, 09:21
Jiming Huang
0
69

tr
Pivot
 (invalidation): 7.4460
Our preference
Long positions above 7.4460 with targets at 7.5000 & 7.5200 in extension.
Alternative scenario
Below 7.4460 look for further downside with 7.4290 & 7.4120 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)


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