USD/TRY Under Pressure

Pivot (invalidation): 5.2820

Our preference Short positions below 5.2820 with targets at 5.2400 & 5.2180 in extension.

Alternative scenario Above 5.2820 look for further upside with 5.3210 & 5.3560 as targets.

Comment The upward potential is likely to be limited by the resistance at 5.2820.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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