USD/TRY Under Pressure

Pivot (invalidation): 5.4800

Our preference Short positions below 5.4800 with targets at 5.4050 & 5.3560 in extension.

Alternative scenario Above 5.4800 look for further upside with 5.5250 & 5.5890 as targets.

Comment The RSI is bearish and calls for further downside.

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