(03 September 2019)USD/TRY Bullish bias above 5.8020.

Pivot
 (invalidation): 5.8020
Our preference
Long positions above 5.8020 with targets at 5.8210 & 5.8380 in extension.
Alternative scenario
Below 5.8020 look for further downside with 5.7880 & 5.7760 as targets.
Comment
A support base at 5.8020 has formed and has allowed for a temporary stabilisation.