(20 MAY 2020)USD/TRY Rebound expected.

Pivot
 (invalidation): 6.7640
Our preference
Long positions above 6.7640 with targets at 6.8050 & 6.8260 in extension.
Alternative scenario
Below 6.7640 look for further downside with 6.7470 & 6.7300 as targets.
Comment
A support base at 6.7640 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)