Contributors Technical Analysis USD/TRY Look For 5.8260

USD/TRY Look For 5.8260

Pivot (invalidation): 5.7670

Our preference Long positions above 5.7670 with targets at 5.8050 & 5.8260 in extension.

Alternative scenario Below 5.7670 look for further downside with 5.7390 & 5.7100 as targets.

Comment The RSI lacks downward momentum.

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