(15 October 2020)USD/TRY Rebound expected.

Pivot
 (invalidation): 7.8940
Our preference
Long positions above 7.8940 with targets at 7.9220 & 7.9390 in extension.
Alternative scenario
Below 7.8940 look for further downside with 7.8810 & 7.8680 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)