Contributors Technical Analysis USD/TRY The Downside Prevails

USD/TRY The Downside Prevails

Pivot (invalidation): 5.7520

Our preference Short positions below 5.7520 with targets at 5.7160 & 5.6950 in extension.

Alternative scenario Above 5.7520 look for further upside with 5.7690 & 5.7840 as targets.

Comment The break below 5.7520 is a negative signal that has opened a path to 5.7160.

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