(01 December 2020)USD/TRY Bullish bias above 7.7750.

Pivot
 (invalidation): 7.7750
Our preference
Long positions above 7.7750 with targets at 7.8600 & 7.8950 in extension.
Alternative scenario
Below 7.7750 look for further downside with 7.7390 & 7.7130 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)