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    HomeContributorsTechnical AnalysisUSD/TRY The Upside Prevails

    USD/TRY The Upside Prevails

    Pivot (invalidation): 5.6100

    Our preference Long positions above 5.6100 with targets at 5.6600 & 5.6900 in extension.

    Alternative scenario Below 5.6100 look for further downside with 5.5800 & 5.5540 as targets.

    Comment The RSI lacks downward momentum.

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