Contributors Technical Analysis USD/TRY 5.5350 Expected

USD/TRY 5.5350 Expected

Pivot (invalidation): 5.5790

Our preference Short positions below 5.5790 with targets at 5.5530 & 5.5350 in extension.

Alternative scenario Above 5.5790 look for further upside with 5.5990 & 5.6280 as targets.

Comment A break below 5.5530 would trigger a drop towards 5.5350.

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