(16 March 2020)USD/TRY Bullish bias above 6.2760.

Pivot
 (invalidation): 6.2760
Our preference
Long positions above 6.2760 with targets at 6.3390 & 6.3690 in extension.
Alternative scenario
Below 6.2760 look for further downside with 6.2360 & 6.2010 as targets.
Comment
A support base at 6.2760 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)