Tue, Jan 20, 2026 04:14 GMT
More
    HomeContributorsTechnical AnalysisUSD/TRY Continuation Of The Rebound

    USD/TRY Continuation Of The Rebound

    Pivot (invalidation): 5.6760

    Our preference Long positions above 5.6760 with targets at 5.7000 & 5.7150 in extension.

    Alternative scenario Below 5.6760 look for further downside with 5.6560 & 5.6390 as targets.

    Comment The RSI lacks downward momentum.

    Swissquote Bank SA
    Swissquote Bank SAhttp://en.swissquote.com/fx
    Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. Prior to opening an account with Swissquote, consider your level of experience, investment objectives, assets, income and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not speculate, invest or hedge with capital you cannot afford to lose, that is borrowed or urgently needed or necessary for personal or family subsistence. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

    Latest Analysis

    Learn Forex Trading