Contributors Technical Analysis USD/TRY Expect 6.2500

USD/TRY Expect 6.2500

Pivot (invalidation): 6.1870

Our preference Long positions above 6.1870 with targets at 6.2260 & 6.2500 in extension.

Alternative scenario Below 6.1870 look for further downside with 6.1630 & 6.1460 as targets.

Comment The RSI is bullish and calls for further upside.

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