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    HomeContributorsTechnical AnalysisUSD/TRY Continuation Of The Rebound

    USD/TRY Continuation Of The Rebound

    Pivot (invalidation): 5.8280

    Our preference Long positions above 5.8280 with targets at 5.8500 & 5.8590 in extension.

    Alternative scenario Below 5.8280 look for further downside with 5.8160 & 5.8000 as targets.

    Comment The break above 5.8280 is a positive signal that has opened a path to 5.8500.

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