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The US dollar against the Turkish lira November 5, 2020
Overview:
prices are moving in an upward short-term direction.
Expected:
The pair is trading above a strong support level around 8.3916, which enhances chances of a bullish move during today's trading to 8.5110.
Alternative Scenario:
On the other hand, we see that if the level of 8.3916 is broken to the downside, this pair might push down to 8.3638.
| Resistance | 8.5110 | 8.5917 | 8.6250 |
| Support | 8.3916 | 8.3800 | 8.3625 |
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