(22 December 2020)USD/TRY Rebound expected.

 
Pivot
 (invalidation): 7.6210
Our preference
Long positions above 7.6210 with targets at 7.6670 & 7.6880 in extension.
Alternative scenario
Below 7.6210 look for further downside with 7.6060 & 7.5880 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)