Contributors Technical Analysis USD/TRY Further Advance

USD/TRY Further Advance

Pivot (invalidation): 5.9200

Our preference Long positions above 5.9200 with targets at 5.9450 & 5.9600 in extension.

Alternative scenario Below 5.9200 look for further downside with 5.9070 & 5.8960 as targets.

Comment The break above 5.9200 is a positive signal that has opened a path to 5.9450.

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