(07 MAY 2020)USD/TRY Further upside.

Pivot
 (invalidation): 7.1650
Our preference
Long positions above 7.1650 with targets at 7.2290 & 7.2550 in extension.
Alternative scenario
Below 7.1650 look for further downside with 7.1230 & 7.0900 as targets.
Comment
The break above 7.1650 is a positive signal that has opened a path to 7.229

(By Swissquote TRADING CENTRAL)