(16 December 2020)USD/TRY The downside prevails.

Pivot
 (invalidation): 7.8640
Our preference
Short positions below 7.8640 with targets at 7.8100 & 7.7830 in extension.
Alternative scenario
Above 7.8640 look for further upside with 7.9000 & 7.9330 as targets.
Comment
A break below 7.8100 would trigger a drop towards 7.7830.

(By Swissquote TRADING CENTRAL)