Contributors Technical Analysis USD/TRY Turning Down

USD/TRY Turning Down

Pivot (invalidation): 5.2100

Our preference Short positions below 5.2100 with targets at 5.1610 & 5.1300 in extension.

Alternative scenario Above 5.2100 look for further upside with 5.2570 & 5.2960 as targets.

Comment The break below 5.2100 is a negative signal that has opened a path to 5.1610.

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