Contributors Technical Analysis USD/TRY The Upside Prevails

USD/TRY The Upside Prevails

Pivot (invalidation): 6.1420

Our preference Long positions above 6.1420 with targets at 6.2000 & 6.2410 in extension.

Alternative scenario Below 6.1420 look for further downside with 6.1160 & 6.0910 as targets.

Comment The break above 6.1420 is a positive signal that has opened a path to 6.2000.

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