(30 December 2020)USD/TRY Key resistance at 7.4050.

Pivot
 (invalidation): 7.4050
Our preference
Short positions below 7.4050 with targets at 7.3290 & 7.3000 in extension.
Alternative scenario
Above 7.4050 look for further upside with 7.4390 & 7.4730 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7.4050.

(By Swissquote TRADING CENTRAL)