(02 September 2020)USD/TRY Bullish bias above 7.3280.

Pivot
 (invalidation): 7.3280
Our preference
Long positions above 7.3280 with targets at 7.3920 & 7.4180 in extension.
Alternative scenario
Below 7.3280 look for further downside with 7.2970 & 7.2750 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)