(22 September 2020)USD/TRY Bullish bias above 7.6100.

Pivot
 (invalidation): 7.6100
Our preference
Long positions above 7.6100 with targets at 7.6500 & 7.6670 in extension.
Alternative scenario
Below 7.6100 look for further downside with 7.5900 & 7.5740 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)