(08 September 2020)USD/TRY The bias remains bullish.

(08 September 2020)USD/TRY The bias remains bullish.

8 September 2020, 09:18
Jiming Huang
0
86

tr
Pivot
 (invalidation): 7.4120
Our preference
Long positions above 7.4120 with targets at 7.5000 & 7.5300 in extension.
Alternative scenario
Below 7.4120 look for further downside with 7.3870 & 7.3580 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)