Contributors Technical Analysis USD/TRY Towards 5.4940

USD/TRY Towards 5.4940

Pivot (invalidation): 5.6340

Our preference Short positions below 5.6340 with targets at 5.5550 & 5.4940 in extension.

Alternative scenario Above 5.6340 look for further upside with 5.7050 & 5.7700 as targets.

Comment A break below 5.5550 would trigger a drop towards 5.4940.

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