(08 December 2020)USD/TRY Watch 7.7470.

Pivot
 (invalidation): 7.8470
Our preference
Short positions below 7.8470 with targets at 7.7780 & 7.7470 in extension.
Alternative scenario
Above 7.8470 look for further upside with 7.8720 & 7.9100 as targets.
Comment
A break below 7.7780 would trigger a drop towards 7.74

(By Swissquote TRADING CENTRAL)