Contributors Technical Analysis USD/TRY The Downside Prevails

USD/TRY The Downside Prevails

Pivot (invalidation): 5.7300

Our preference Short positions below 5.7300 with targets at 5.6750 & 5.6600 in extension.

Alternative scenario Above 5.7300 look for further upside with 5.7490 & 5.7700 as targets.

Comment The RSI calls for a new downleg.

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