(16 September 2020)USD/TRY Key resistance at 7.5000.

Pivot
 (invalidation): 7.5000
Our preference
Short positions below 7.5000 with targets at 7.4730 & 7.4560 in extension.
Alternative scenario
Above 7.5000 look for further upside with 7.5100 & 7.5210 as targets.
Comment
As Long as the resistance at 7.5000 is not surpassed, the risk of the break below 7.4730
remains high.

(By Swissquote TRADING CENTRAL)