(20 August 2020)USD/TRY Under pressure.

Pivot
 (invalidation): 7.3170
Our preference
Short positions below 7.3170 with targets at 7.2580 & 7.2360 in extension.
Alternative scenario
Above 7.3170 look for further upside with 7.3470 & 7.3800 as targets.
Comment
As Long as the resistance at 7.3170 is not surpassed, the risk of the break below 7.2580
remains high.

(By Swissquote TRADING CENTRAL)