(18 September 2020)USD/TRY Bullish bias above 7.5300.

Pivot
 (invalidation): 7.5300
Our preference
Long positions above 7.5300 with targets at 7.5600 & 7.5750 in extension.
Alternative scenario
Below 7.5300 look for further downside with 7.5120 & 7.4950 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)