Contributors Technical Analysis USD/TRY Continuation Of The Rebound

USD/TRY Continuation Of The Rebound

Pivot (invalidation): 5.5680

Our preference Long positions above 5.5680 with targets at 5.5950 & 5.6060 in extension.

Alternative scenario Below 5.5680 look for further downside with 5.5490 & 5.5310 as targets.

Comment The break above 5.5680 is a positive signal that has opened a path to 5.5950.

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