Contributors Technical Analysis USD/TRY The Upside Prevails

USD/TRY The Upside Prevails

Pivot (invalidation): 5.2380

Our preference Long positions above 5.2380 with targets at 5.2780 & 5.2960 in extension.

Alternative scenario Below 5.2380 look for further downside with 5.2220 & 5.2060 as targets.

Comment The RSI is bullish and calls for further advance.

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