(24 September 2020)USD/TRY Caution.

(24 September 2020)USD/TRY Caution.

24 September 2020, 08:59
Jiming Huang
0
69

tr
Pivot
 (invalidation): 7.6770
Our preference
Long positions above 7.6770 with targets at 7.7150 & 7.7290 in extension.
Alternative scenario
Below 7.6770 look for further downside with 7.6540 & 7.6350 as targets.
Comment
A support base at 7.6770 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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