(26 November 2020)USD/TRY Rebound expected.

Pivot
 (invalidation): 7.9000
Our preference
Long positions above 7.9000 with targets at 7.9830 & 8.0310 in extension.
Alternative scenario
Below 7.9000 look for further downside with 7.8480 & 7.8000 as targets.
Comment
A support base at 7.9000 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)