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

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

29 October 2020, 12:14
Jiming Huang
0
86

tr
Pivot
 (invalidation): 8.2390
Our preference
Long positions above 8.2390 with targets at 8.3280 & 8.3860 in extension.
Alternative scenario
Below 8.2390 look for further downside with 8.2040 & 8.1620 as targets.
Comment
A support base at 8.2390 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)