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    HomeContributorsTechnical AnalysisUSD/TRY Bullish Bias Above 5.8150

    USD/TRY Bullish Bias Above 5.8150

    Pivot (invalidation): 5.8150

    Our preference Long positions above 5.8150 with targets at 5.8500 & 5.8720 in extension.

    Alternative scenario Below 5.8150 look for further downside with 5.7860 & 5.7580 as targets.

    Comment A support base at 5.8150 has formed and has allowed for a temporary stabilisation.

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