Contributors Technical Analysis USD/TRY Key Resistance At 6.0450

USD/TRY Key Resistance At 6.0450

Pivot (invalidation): 6.0450

Our preference Short positions below 6.0450 with targets at 6.0000 & 5.9850 in extension.

Alternative scenario Above 6.0450 look for further upside with 6.0740 & 6.0930 as targets.

Comment As Long as 6.0450 is resistance, look for choppy price action with a bearish bias.

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