(09 October 2020)USD/TRY The upside prevails.

(09 October 2020)USD/TRY The upside prevails.

9 October 2020, 09:02
Jiming Huang
0
61

tr
Pivot
 (invalidation): 7.9120
Our preference
Long positions above 7.9120 with targets at 7.9500 & 7.9810 in extension.
Alternative scenario
Below 7.9120 look for further downside with 7.8900 & 7.8550 as targets.
Comment
The break above 7.9120 is a positive signal that has opened a path to 7.9500.

(By Swissquote TRADING CENTRAL)


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