Contributors Technical Analysis USD/TRY Bullish Bias Above 6.0410

USD/TRY Bullish Bias Above 6.0410

Pivot (invalidation): 6.0410

Our preference Long positions above 6.0410 with targets at 6.0740 & 6.0930 in extension.

Alternative scenario Below 6.0410 look for further downside with 6.0190 & 6.0000 as targets.

Comment A support base at 6.0410 has formed and has allowed for a temporary stabilisation.

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