USD/TRY: Target 7.4000

Pivot (invalidation): 7.2650

Our preference Long positions above 7.2650 with targets at 7.3650 & 7.4000 in extension.

Alternative scenario Below 7.2650 look for further downside with 7.2220 & 7.1750 as targets.

Comment A support base at 7.2650 has formed and has allowed for a temporary stabilisation.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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