Contributors Technical Analysis USD/TRY The Upside Prevails

USD/TRY The Upside Prevails

Pivot (invalidation): 6.3990

Our preference Long positions above 6.3990 with targets at 6.4430 & 6.4700 in extension.

Alternative scenario Below 6.3990 look for further downside with 6.3550 & 6.3130 as targets.

Comment The break above 6.3990 is a positive signal that has opened a path to 6.4430.

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