Contributors Technical Analysis USD/TRY Key Resistance At 5.3400

USD/TRY Key Resistance At 5.3400

Pivot (invalidation): 5.3400

Our preference Short positions below 5.3400 with targets at 5.3000 & 5.2730 in extension.

Alternative scenario Above 5.3400 look for further upside with 5.3670 & 5.3960 as targets.

Comment The upward potential is likely to be limited by the resistance at 5.3400.

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