(26 August 2020)USD/TRY The upside prevails.

(26 August 2020)USD/TRY The upside prevails.

26 August 2020, 09:23
Jiming Huang
0
82

tr
Pivot
 (invalidation): 7.3650
Our preference
Long positions above 7.3650 with targets at 7.4060 & 7.4370 in extension.
Alternative scenario
Below 7.3650 look for further downside with 7.3400 & 7.3060 as targets.
Comment
A support base at 7.3650 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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