Contributors Technical Analysis USD/TRY Bullish Bias Above 5.2620

USD/TRY Bullish Bias Above 5.2620

Pivot (invalidation): 5.2620

Our preference Long positions above 5.2620 with targets at 5.2960 & 5.3220 in extension.

Alternative scenario Below 5.2620 look for further downside with 5.2420 & 5.2300 as targets.

Comment The RSI lacks downward momentum.

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