Contributors Technical Analysis USD/TRY Key Resistance At 5.6950

USD/TRY Key Resistance At 5.6950

Pivot (invalidation): 5.6950

Our preference Short positions below 5.6950 with targets at 5.6640 & 5.6500 in extension.

Alternative scenario Above 5.6950 look for further upside with 5.7110 & 5.7270 as targets.

Comment The index currently faces a challenging resistance area at 5.6950.

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