USD/TRY Under Pressure

Pivot (invalidation): 5.6770

Our preference Short positions below 5.6770 with targets at 5.6500 & 5.6260 in extension.

Alternative scenario Above 5.6770 look for further upside with 5.7010 & 5.7180 as targets.

Comment As Long as the resistance at 5.6770 is not surpassed, the risk of the break below 5.6500 remains high.

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