USD/TRY: Watch 7.2740

Pivot (invalidation): 7.3800

Our preference Short positions below 7.3800 with targets at 7.2970 & 7.2740 in extension.

Alternative scenario Above 7.3800 look for further upside with 7.4140 & 7.4370 as targets.

Comment As Long as the resistance at 7.3800 is not surpassed, the risk of the break below 7.2970 remains high.

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