Contributors Technical Analysis USD/TRY Continuation Of The Rebound

USD/TRY Continuation Of The Rebound

Pivot (invalidation): 5.7750

Our preference Long positions above 5.7750 with targets at 5.8380 & 5.8850 in extension.

Alternative scenario Below 5.7750 look for further downside with 5.7350 & 5.7000 as targets.

Comment The break above 5.7750 is a positive signal that has opened a path to 5.8380.

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